570 Tartan Street, Saint John

$849,000

0 Beds

0 Baths

0 Sqft

.37 Acres

Welcome to 570 Tartan Street, a well-maintained 6-unit apartment building offering strong rental income, quality upgrades, and dependable returns. This property features five 2-bedroom units and one 1-bedroom unit, with five units currently rented: Unit #1 at $1,250, Unit #2 at $1,400, Unit #3 at $1,450, Unit #4 at $1,550, Unit #5 at $1,450 and Unit #6 at $1,600. Updates include a new roof and ventilation system, a high-efficiency furnace, and basement improvements with new structural posts and proper drainage. The building is in excellent condition with responsible tenants and is located near shopping, transit, and essential amenities. The property generates $104,400 in rental income and $3,776 from coin-operated laundry, totaling $108,176 annually, with expenses of $33,290 and a net income of $74886 making this a smart, turn-key investment opportunity. (id:6289)

Essential Information

Listing #NB118625

Price$849,000

Bathrooms0.00

Acres0.37

Year Built1972

TypeMulti-family