LOADING

51 Melrose Street Saint John, New Brunswick E2J 1E2

Baseboard Heaters Landscaped

$250,000

Welcome to 51 Melrose street! This spacious 2-family has had extensive renovations and is located close to many amenities. This duplex is ideal for investment or for someone looking to live in one unit and renting the other to cover expenses. This property shows very well and has plenty of off-street parking. The 2 bedroom unit is currently rented at 1200/mth unheated , the 3 bedroom unit could rent for approximately $1500. Approx. total rental income- $32,400. Approx. expenses- Insurance $1500, water/sewer-$2856, electricity-$350. Approx. total expenses $8304. Approx. net income - $23,096. This 2 family offers plenty of natural light, is great for in-family living and is well worth a look! (id:35613)

Property Details

MLS® Number NB077046
Property Type Multi-family
Equipment Type Water Heater
Features Level Lot
Rental Equipment Type Water Heater

Building

Appliances Refrigerator, Stove
Exterior Finish Vinyl
Flooring Type Laminate
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 1
Total Finished Area 1800 Sqft
Type Duplex
Utility Water Municipal Water

Land

Access Type Year-round Access
Acreage No
Landscape Features Landscaped
Sewer Municipal Sewage System
Size Irregular 7492
Size Total 7492 Sqft
Size Total Text 7492 Sqft

https://www.realtor.ca/real-estate/24691261/51-melrose-street-saint-john