116 Carleton Street Saint John, New Brunswick E2L 2Z7

$269,000

This rare Uptown Saint John duplex offers an exceptional 10% CAP rate with strong cash flow potential. Ideally located within walking distance to shops, restaurants, King Square, but stop and amenities, the property features two self-contained units, each with separate electrical meters, laundry in the building, and single attached garage + off-street parking, completely paved. Recent major upgrades on new floorings, walls, vanity changes, windows, brand new electric boilers and water tanks, fresh paint throughout etc. totaling over $60,000 ensure low maintenance and easy rental appeal. Unit A (main floor) is a 1-bedroom rented at market rate ($1,000/month), with the tenant covering all utilities. Unit B (upper level) is a spacious 3-bedroom currently rented by three tenants generating $2,100/month, with utilities paid by the landlord. With annual rental income of $37,200 and net income of $26,972.15, this turn-key property offers flexible options for investors or owner-occupants looking to live mortgage-free. This is an excellent opportunity to own in the citys most vibrant district. (id:50541)

Property Details

MLS® Number	NB122299
Property Type	Single Family
Equipment Type	None
Features	Balcony/deck/patio
Rental Equipment Type	None

Building

Bathroom Total	2
Bedrooms Above Ground	4
Bedrooms Total	4
Exterior Finish	Vinyl
Foundation Type	Concrete
Heating Fuel	Electric
Heating Type	Baseboard Heaters, Hot Water
Size Interior	2,050 Ft2
Total Finished Area	2050 Sqft
Type	House
Utility Water	Municipal Water

Parking

Attached Garage
Garage

Land

Acreage	No
Sewer	Municipal Sewage System
Size Irregular	2798
Size Total	2798 Sqft
Size Total Text	2798 Sqft

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Kitchen			15'0'' x 12'6''
Second Level	3pc Bathroom			7'6'' x 6'8''
Second Level	Bedroom			14'7'' x 9'4''
Second Level	Bedroom			12'6'' x 9'2''
Second Level	Bedroom			15'10'' x 13'4''
Main Level	3pc Bathroom			6'4'' x 6'3''
Main Level	Kitchen			17'11'' x 13'2''
Main Level	Bedroom			12'6'' x 8'4''
Main Level	Living Room			16'3'' x 12'9''

https://www.realtor.ca/real-estate/28573110/116-carleton-street-saint-john