59 Mclaughlin Crescent, Saint John

$347,500

0 Beds
0 Baths
0 Sqft
.41 Acres

Welcome to 59 Mclaughlin Crescent! This spacious 4-family is located east, close to many amenities, near the bus route and has electric heat. Priced just below assessed value, 3 of the units pay their own heat/lights, there is plenty of off-street parking and has very low vacancy. Rent increases will be Effective Nov 1st, 2025: $700 --> $720, $1450 --> $1490, $1000 --> $1030 The final unit remains at $850 - Total rental income: $49,080. Approx. expenses: insurance-$2319, taxes-$8036, water/sewer-$2500 and electricity-$7875. Approx. total expenses-$20,730. Approx. net income: $28,350. This 4-family is a good investment property that is well worth a look! (id:6289)

Essential Information
Listing #NB115864
Price$347,500
Bathrooms0.00
Acres0.41
TypeMulti-family
Sub-TypeFreehold
Community Information
Address59 Mclaughlin Crescent
CitySaint John
ProvinceNew Brunswick
Postal CodeE2L2J9
Amenities
FeaturesLevel lot, Sloping
Interior
AppliancesRefrigerator, Stove
HeatingElectric Baseboard heaters
Exterior
ExteriorVinyl
Exterior FeaturesLandscaped
FoundationConcrete
Listing Details
OfficeRoyal LePage Atlantic

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