83 Somerset Street Saint John, New Brunswick E2K 2X5
$199,000
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:50541)
Property Details
| MLS® Number | NB107553 |
| Property Type | Multi-family |
| EquipmentType | Heat Pump, Water Heater |
| Features | Level Lot, Sloping |
| RentalEquipmentType | Heat Pump, Water Heater |
| Structure | Shed |
Building
| Appliances | Refrigerator, Stove, Washer, Dishwasher, Dryer |
| BasementType | Crawl Space |
| CoolingType | Heat Pump |
| ExteriorFinish | Vinyl |
| FlooringType | Laminate |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters, Heat Pump |
| TotalFinishedArea | 1800 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Land
| AccessType | Year-round Access |
| Acreage | No |
| LandscapeFeatures | Landscaped |
| Sewer | Municipal Sewage System |
| SizeIrregular | 895 |
| SizeTotal | 895 M2 |
| SizeTotalText | 895 M2 |
https://www.realtor.ca/real-estate/27539916/83-somerset-street-saint-john
154 Hampton Rd.
Rothesay, New Brunswick E2E 2R3
154 Hampton Rd.
Rothesay, New Brunswick E2E 2R3
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November 05 2024 04:09:16
Saint John Real Estate Board Inc
Keller Williams Capital Realty