1-3 Charlotte Street, Saint John

$1,230,000

0 Beds
0 Baths
4,620 Sqft
.06 Acres

Welcome to 1-3 Charlotte Street! This amazing investment property is located on a high-traffic corner in the Uptown area approximately a 2-mintue walk to the gates of City Market. The main floor commercial space is currently being used as an Art Studio and 4 newly updated studio apartments that are 1-1bdrm and 3-2bdrm units. This 3-unit building (circa 1867) pre-dates The Great Fire and is an exceptional investment property located in the urban city surroundings of Canada's oldest incorporated city! Current rents are $1300, $1400, $1500 and 2 @ $1600. Total rental income - $88,800. Approx. total expenses are: Water/sewer - $2500, taxes $13,198, insurance $4000, electricity $5400. Approx. total expenses $25,098. Approx. total net income- $63,702. (id:6289)

Essential Information
Listing #NB095376
Price$1,230,000
Bathrooms0.00
Square Footage4,620
Acres0.06
Year Built1867
TypeOther
Sub-TypeFreehold
Community Information
Address1-3 Charlotte Street
CitySaint John
ProvinceNew Brunswick
Postal CodeE2L2H3
Amenities
AmenitiesShopping
FeaturesLevel lot, Corner Site
Interior
CoolingHeat Pump
Heating

Electric Baseboard heaters, Heat Pump

Exterior
ExteriorBrick, Metal
RoofMembrane
Listing Details
OfficeROYAL LEPAGE ATLANTIC

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