105-107, 109, 111-115 Mecklenburg Active Save Request In-Person Tour Request Virtual Tour
Saint John,NB E2L1R2
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID NB102476
Originating Board New Brunswick Real Estate Board
Lot Size 0.357 Acres
Acres 15543.087
Property Description
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:24570)
Location
Province NB
Interior
Heating Baseboard heaters,Hot Water,
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system