179 Britain Street, Saint John

$300,000

0 Beds

0 Baths

0 Sqft

.1 Acres

Welcome to 179 Britain Street! This spacious 4-unit property is nestled in the heart of Uptown Saint John's vibrant peninsula and offers approximately 3,000 square feet of living space. With off-street parking and a prime location, this property is close to everything Uptown has to offer, making it a fantastic investment opportunity. Uptown Saint John is known for its walkable streets, unique architecture, and central location, providing easy access to the rest of the city. The neighborhood boasts an exciting array of restaurants, cafes, markets and pubs and entertainment. This property currently has a very low vacancy rate and is fully occupied, generating consistent rental income. Current Rents: $805, $805, $1144, and $1,500 Total Rental Income: $51,048 annually. Approximate Expenses: Insurance: $2,010 Heat: $4,660 Water/Sewer: $4,017 Electricity: $4,655 Taxes: $5,447 Approximate Total Expenses: $20,789 Approximate Net Income: $30,259 This solid investment property is well worth a look for anyone seeking steady income in an unbeatable location. (id:6289)

Essential Information

Listing #NB110961

Price$300,000

Bathrooms0.00

Acres0.10

TypeMulti-family

Sub-TypeFreehold

Community Information

Address179 Britain Street

CitySaint John

ProvinceNew Brunswick

Postal CodeE2L1X7