Hot Water
Landscaped
$379,500
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, has 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 - $13,889 APPROX. NET INCOME- $29,974. Rents are $800, $825, $950, and $1100. PROPERTY HAS BEEN REZONED TO MEET ALL ZONING REQUIRESMENTS. 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 |
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