570 Tartan Street, Saint John

Welcome to 570 Tartan Street, a well-maintained 6-unit apartment building offering strong rental income, quality upgrades, and dependable returns. This property features five 2-bedroom units and one 1-bedroom unit, with five units currently rented: Unit #1 at $1,250, Unit #2 at $1,400, Unit #3 at $1,450, Unit #4 at $1,550, and Unit #6 at $1,600. Unit #5 is currently vacant and advertised at $1,450. Updates include a new roof and ventilation system, a high-efficiency furnace, and basement improvements with new structural posts and proper drainage. The building is in excellent condition with responsible tenants and is located near shopping, transit, and essential amenities. The property generates $85,931.32 in rental income and $3,776 from coin-operated laundry, totaling $89,707.32 annually, with expenses of $45,063.92 and a net income of $44,643.40making this a smart, turn-key investment opportunity. (id:6289)

Essential Information

Listing #NB118625

Price$849,000

Bathrooms0.00

Acres0.37

Year Built1972

TypeMulti-family

Community Information

Address570 Tartan Street

CitySaint John

ProvinceNew Brunswick

Postal CodeE2K2R7

Interior

# of Stories2

Heating

Natural gas Baseboard heaters, Hot Water

Exterior

ExteriorVinyl

FoundationConcrete

Listing Details

OfficeEXIT Realty Specialists

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