27-29 Park Avenue Saint John, New Brunswick E2J 1R3
$349,900
Discover this exceptional triplex located at 27-29 Park Ave on the East Side of Saint John, offering two cozy 1-bedroom units and one spacious 3-bedroom unit. Perfectly positioned near major amenities, including shopping centers, restaurants, schools, and parks, this property ensures ultimate convenience for residents. With easy access to public transportation and major roadways, commuting is a breeze. This versatile investment opportunity boasts strong rental potential, making it ideal for generating rental income or personal occupancy. Unit 1 rents for $490/month (rent increase in September to $590), Unit 2 rents for $750/month and Unit 3 rents for $1500/month. All tenants pay their own heat and lights. Expenses: Water/sewer - $2000, Insurance - $1800, Taxes - $5248, Hot Water Tank Rental - $600 = $9,684. Net Income = $23,196. (id:50541)
Property Details
| MLS® Number | NB100817 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Appliances | Refrigerator, Stove, Washer, Dryer |
| Exterior Finish | Vinyl |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Roof Material | Tar & Gravel |
| Roof Style | Unknown |
| Total Finished Area | 1800 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 1711 |
| Size Total | 1711 Sqft |
| Size Total Text | 1711 Sqft |
https://www.realtor.ca/real-estate/26948061/27-29-park-avenue-saint-john
10 King George Crt
Saint John, New Brunswick E2K 0H5
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 27 2024 04:31:05
Saint John Real Estate Board Inc
RE/MAX Professionals