64-74 Spring Street, Saint John
$1,250,000
Welcome to 64-74 Spring Street! This is a fantastic investment package that consists of 2-3 family units with 4 new owned heat pumps and a vacant lot used for parking (up to 8 spaces). With extensive renovations, this turn-key opportunity offers 4-3 bdrms units ($1500, 2@ $2050 and $1950), 1-1 bdrm ($1150) and 1-2brm ($1500). Total rental income- 122,400 ( owner unit could be rented higher). Quality throughout, 4 units offer 2 full bathrooms, solid number and is in pristine condition. Expenses are: Insurance - $5000, water/sewer - $1600, electricity $6000, taxes - $3436 and internet $5000. Total expenses $21,036. Approx. net income 101,364. All units could pay there own heat and lights. (Currently only one pays there own heat and lights) 2 sheds to remain. This is a rare find and is well worth a look (id:6289)
Refrigerator, Stove, Washer, Dishwasher, Dryer
