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35 Margaret Street Saint John, New Brunswick E2J 2M7

Hot Water Landscaped

$395,000

Welcome to 35 Margaret Street! This spacious 4-family is well maintained, has off-street parking, nice backyard, good-size units and is located close to the mall. This building has very low vacancy, has had many recent updates, coin-operated laundry and is a great solid investment building. Total rental income $42,900 & laundry income $963. Total income $43,863. Approx. expenses- Insurance-$1186, water/sewer- $1220, electricity- $2768, Heat $3613 and Taxes $5102. Approx. total expenses - $29,974. Rents are $800, $825, $950, and $1000. Vendor has gone thru the process to have the property properly rezoned. This is a great investment building that is well worth a look! (id:35613)

Property Details

MLS® Number NB073909
Property Type Multi-family
Equipment Type Water Heater
Features Level Lot, Sloping
Rental Equipment Type Water Heater

Building

Appliances Refrigerator, Stove, Washer, Dryer
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1951
Exterior Finish Vinyl
Fireplace Present No
Flooring Type Ceramic, Laminate
Foundation Type Concrete
Heating Fuel Oil
Heating Type Hot Water
Roof Material Membrane
Roof Style Unknown
Stories Total 1
Total Finished Area 2300 Sqft
Type Fourplex
Utility Water Municipal Water

Land

Access Type Year-round Access
Acreage No
Landscape Features Landscaped
Sewer Municipal Sewage System
Size Irregular 5253
Size Total 5253 Sqft
Size Total Text 5253 Sqft

https://www.realtor.ca/real-estate/24515047/35-margaret-street-saint-john