Saint John, NB E2M3M2,569-571 Harding Street West
Saint John, NB E2M3M2,569-571 Harding Street West
Saint John, NB E2M3M2,569-571 Harding Street West
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$459,000
Est. payment /mo
4,800 Sqft Lot
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS® Listing ID NB112783

Originating Board New Brunswick Real Estate Board

Year Built 1950

Lot Size 4,800 Sqft

Acres 4800.704

Property Description

Fantastic Investment Opportunity! This 5-unit multi-family property is located in a prime West Side location of Saint John, right on the bus route and within walking distance of grocery stores, drugstores, shopping centers, restaurants, and coffee shops, making it highly attractive to tenants. The property consists of 3 one-bedroom units and 2 two-bedroom units, one of which includes an additional den. The current rental income is $53,160 annually, well below market value. Even with rental increases for two units starting on September 1, the annual income will only rise to $53,832 per year. With an estimated potential of $70,000 per year, this property offers significant upside for investors. Total annual expenses are $17,823. This property is being sold as-is, presenting an excellent opportunity for those looking to maximize rental income and build long-term equity. Dont miss out on this solid investmentbook a showing via TouchBase now! (id:24570)

Location

Province NB

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Sewer Municipal sewage system


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569-571 Harding Street West