25
See all 25 photos
$325,000
Est. payment /mo
5,145 Sqft Lot
New
203 Queen Street W Saint John, NB E2M2C7
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB118605
Lot Size 5,145 Sqft
Acres 5145.0
Property Sub-Type Freehold
Source New Brunswick Real Estate Board
Property Description
Welcome to 203 Queen Street West! Conveniently located near a park with easy access to the highway and situated on a bus route, this three-unit income property sits on a generously sized lot with a spacious yard. Its a solid investment opportunity with strong financials. The building includes two 1-bedroom units and one 4-bedroom unit, making it ideal for an owner-occupier or as a full investment property. Current rents are $895, $943.50, and $1,095, for a total annual rental income of $35,202. Approximate annual expenses are as follows: Insurance: $1,330 Water & Sewer: $2,783 Electricity: $620 Property Taxes: $3,886 Total Expenses: $8,619 Approximate Net Income: $26,583. Tenants are responsible for their own heat and electricity. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Wood
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Royal LePage Atlantic