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, $1600 and $1800. Total rental income - $91,200. Approx. total expenses are: Water/sewer - $2500, taxes $13,198, insurance $4000, electricity $5400. Approx. total expenses $25,098. Approx. total net income- $66,102. (id:6289)

Essential Information
Listing #NB095383
Price$1,230,000
Bathrooms0.00
Square Footage4,620
Acres0.06
Year Built1867
TypeMulti-family
Sub-TypeFreehold
Community Information
Address1-3 Charlotte Street
CitySaint John
ProvinceNew Brunswick
Postal CodeE2L2H3
Amenities
FeaturesLevel lot
Interior
CoolingHeat Pump
Heating

Electric Baseboard heaters, Heat Pump

Exterior
ExteriorBrick, Metal
RoofMembrane
FoundationConcrete
Listing Details
OfficeROYAL LEPAGE ATLANTIC

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