105-107, 109, 111-115 Mecklenburg Saint John, New Brunswick E2L 1R2
$1,195,000
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:50541)
Property Details
| MLS® Number | NB102476 |
| Property Type | Multi-family |
Building
| Appliances | Refrigerator, Stove, Washer, Dryer |
| ExteriorFinish | Vinyl |
| HeatingFuel | Natural Gas |
| HeatingType | Baseboard Heaters, Hot Water |
| TotalFinishedArea | 10228 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 1444 |
| SizeTotal | 1444 M2 |
| SizeTotalText | 1444 M2 |
https://www.realtor.ca/real-estate/27098550/105-107-109-111-115-mecklenburg-saint-john
10 King George Crt
Saint John, New Brunswick E2K 0H5
10 King George Crt
Saint John, New Brunswick E2K 0H5
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September 04 2024 04:09:16
Saint John Real Estate Board Inc
RE/MAX Professionals