105-107, 109, 111-115 Mecklenburg Saint John, New Brunswick E2L 1R2

Baseboard Heaters, Hot Water


Great opportunity for investors looking to expand their portfolio with two fully renovated 4-unit buildings and a parking lot featuring a 3-car garage. Located at 105-107 Mecklenburg and 111-115 Mecklenburg St Saint John, NB, these properties have undergone extensive renovations, making them an attractive investment. 105-107 Mecklenburg- This building has been beautifully updated with new kitchens, bathrooms, and flooring, creating fresh and bright living spaces. It consists of two 1-bedroom, 1-bathroom units and two 3-bedroom, 1-bathroom units. All units have access to an interior back entrance leading to a private backyard. Additionally, tenants have access to a common coin laundry area. The total monthly rent for this building is $5000. 111-115 Mecklenburg - This building offers three 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit. Each unit has been renovated with new flooring, kitchens, and bathrooms and comes with its own laundry facilities. The total monthly rent for this building is $4900. Additional Features:The large parking lot provides ample space for tenants' vehicles, and the 3-car garage is rented separately for $375 per month, adding to the property's income potential. The combined rental income from both buildings totals $123,300 annually, making this a highly profitable investment. Don't miss out on this prime investment opportunity in a desirable location. Call today to schedule a viewing. (id:57497)

Property Details

MLS® Number NB102476
Property Type Multi-family


Appliances Refrigerator, Stove, Washer, Dryer
ExteriorFinish Vinyl
HeatingFuel Natural Gas
HeatingType Baseboard Heaters, Hot Water
TotalFinishedArea 10228 Sqft
UtilityWater Municipal Water


Acreage No
Sewer Municipal Sewage System
SizeIrregular 1444
SizeTotal 1444 M2
SizeTotalText 1444 M2



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