1-3 Charlotte Street Saint John, New Brunswick E2L 2H3
$1,200,000
Welcome to 1-3 Charlotte Street! This amazing investment property is located on a high-traffic corner in the Uptown area approximately a 2-mintue walk to the gates of City Market. The main floor commercial space is currently being used as an Art Studio and 4 newly updated studio apartments that are 1-1bdrm and 3-2bdrm units. This 3-unit building (circa 1867) pre-dates The Great Fire and is an exceptional investment property located in the urban city surroundings of Canada's oldest incorporated city! Current rents are $1300, $1400, $1500, $1600 and $1800. Total rental income - $91,200. Approx. total expenses are: Water/sewer - $2500, taxes $13,198, insurance $4000, electricity $5400. Approx. total expenses $25,098. Approx. total net income- $66,102. (id:57497)
Property Details
| MLS® Number | NB095383 |
| Property Type | Multi-family |
| EquipmentType | Other, Water Heater |
| Features | Level Lot |
| RentalEquipmentType | Other, Water Heater |
Building
| ConstructedDate | 1867 |
| CoolingType | Heat Pump |
| ExteriorFinish | Brick, Metal |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters, Heat Pump |
| RoofMaterial | Membrane |
| RoofStyle | Unknown |
| TotalFinishedArea | 4620 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 2454 |
| SizeTotal | 2454 Sqft |
| SizeTotalText | 2454 Sqft |
https://www.realtor.ca/real-estate/26452177/1-3-charlotte-street-saint-john
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May 28 2024 09:12:42
Saint John Real Estate Board Inc
Royal LePage Atlantic