83 Somerset Street Active Save Request In-Person Tour Request Virtual Tour
Saint John,NB E2K2X5
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID NB107553
Originating Board New Brunswick Real Estate Board
Lot Size 9,633 Sqft
Acres 9633.7
Property Description
Welcome to 83 Somerset Street! This 2 family home is an excellent investment opportunity or ideal for owner occupancy. Featuring a 2-bedroom unit (previously rented for $1,500/month, now vacant) and a 3-bedroom unit rented for $1,450/month, the property generates a solid rental income of $35,400 annually. With off-street parking, electric heating, and two energy-efficient heat pumps, tenants are responsible for their own heat and electricity, keeping expenses low. Approximate annual expenses include $2,400 for insurance, $2,856 for water/sewage, $1,800 for heat pump and water heater rentals, and $4,094 in taxes (non-owner occupied). Approximate net income $24,250. Call to book today! (id:24570)
Location
Province NB
Interior
Heating Baseboard heaters,Heat Pump,
Cooling Heat Pump
Flooring Laminate
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Lot Description Landscaped
Sewer Municipal sewage system