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Renanza Realty
For sale

259 Princess Street

Saint John, New Brunswick

MLS® NB140012

$650,000

Status
Active
Property type
Multi-family
MLS® number
NB140012
Bedrooms
Bathrooms
Year built

Listing description

Welcome to 259 Princess Street! Located in uptown Saint John, this 6-unit building has had some updates but is still in need of some updates. This brick investment building offers 5- 1 bedroom units and 1 - 2 bedroom unit.

Heated mostly with natural gas, this property offers plenty of character, high ceilings and a common laundry room. This property is walking distance to everything uptown and has the ability to be a great investment property to add to your portfolio. Rents are: $1,200, $1,350, $1,400, $1,450, $1,450 and $1,500.

Total rental income = $100,200. Approximate expenses are: taxes - $10,665, insurance - $5,468, water/sewer - $2,164, electricity - $787, and heat - $11,002. Approximate total expenses = $30,086.

Approximate net income - $70,114. 00

Property summary

MLS® number
NB140012
Property type
Multi-family
Square footage
4,000 sq ft
Title
Freehold
Land size
4090 square feet
Annual property taxes
$10,665.00
Days on market
119 days

Features & details

Heating
Baseboard heaters, Electric, Natural gas, Hot Water
Basement
Full
Flooring
Hardwood, Carpeted, Ceramic, Vinyl
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior features
Brick, Stucco

What would this home cost you?

Based on the $650,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,024 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Royal LePage Atlantic, Saint John.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.