Welcome to 160 Charlotte Street West! This 6-unit building offers great numbers, has off street parking, has electric heat, and is a fantastic investment property. This property has low vacancy, common laundry room, nice kitchen cabinets, and parking for approximately 4 cars. This building is well worth a look! Rents are : $649.89, $856.66, $939.35, $1050.00, $1125.00, and $1375.00. Total rental income is: $71,950.00. Approximate expenses are: insurance-$3000.00, electricity- $4000.00, water/sewer- $3500, and taxes- $6649.00. Approximate total expenses- $17,149.00. Approximate net income- $54, 801.00 (id:4069)
Address
160 Charlotte Street
List Price
$625,000
Property Type
Multi-family
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Saint John
Floor Area
3,500 Sq. Ft.
Lot Size
5005 Sq. Ft.
MLS® Number
NB149911
Listing Brokerage
Royal LePage Atlantic
Basement Area
Full
Postal Code
E2M1X9
Ownership
Freehold
Features
Level lot
Appliances
Refrigerator, Stove, Washer, Dryer
Heat Source
Electric
Heat Type
Baseboard heaters
Foundation Details
Concrete
Number Of Floors In Building
2
Water Source
Municipal water
Access To Property
Year-round access, Public Road
Sewer
Municipal sewage system
