Saint John, NB E2K2X5,83 Somerset Street
Saint John, NB E2K2X5,83 Somerset Street
Saint John, NB E2K2X5,83 Somerset Street
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$199,000
Est. payment /mo
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9,633 Sqft Lot
Active

83 Somerset Street Saint John, NB E2K2X5

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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


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Listed by KELLER WILLIAMS CAPITAL REALTY

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Terry Langdon

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+1(403) 690-9624

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83 Somerset Street