59 Mclaughlin Crescent Saint John, New Brunswick E2L 2J9
$350,000
Welcome to 59 Mclaughlin Crescent! This spacious 4-family is located east, close to many amenities, near the bus route and has electric heat. Priced just below assessed value, 3 of the units pay their own heat/lights, there is plenty of off-street parking and has very low vacancy. Rents are $850, $700 and $1450. Unit 3 in $1000 heat and lights included. Total rental income: $48,000. Approx. expenses: insurance-$2319, taxes-$7648, water/sewer-$2500 and electricity-$7875. Approx. total expenses-$20,342. Approx. net income: $27,658. This 4-family is a good investment property that is well worth a look! (id:50541)
Property Details
| MLS® Number | NB115864 |
| Property Type | Multi-family |
| Neigbourhood | Westmorland Heights |
| Features | Level Lot, Sloping |
Building
| Appliances | Refrigerator, Stove |
| Exterior Finish | Vinyl |
| Flooring Type | Carpeted, Laminate |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Total Finished Area | 2200 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Irregular | 9688 |
| Size Total | 9688 Sqft |
| Size Total Text | 9688 Sqft |
https://www.realtor.ca/real-estate/28137814/59-mclaughlin-crescent-saint-john
71 Paradise Row
Saint John, New Brunswick E2K 3H6
71 Paradise Row
Saint John, New Brunswick E2K 3H6
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April 24 2025 04:14:17
New Brunswick Real Estate Board
Royal LePage Atlantic