Saint John, NB E2J2M7 35 Margaret Street
$399,900



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Presented By: Keller Williams Capital Realty
Home Details
This well-maintained and spacious 4-family property offers a fantastic investment opportunity with a solid rental history and low vacancy rate. Each unit is generously sized, providing comfortable living for tenants. Recent updates throughout the building enhance its appeal and reduce ongoing maintenance costs. The property features off-street parking, a nicely sized backyard for tenant enjoyment, and a convenient location close to shopping, dining, and the mall. Additional amenities include coin-operated laundry, adding extra income potential. Whether you're an experienced investor or just starting your portfolio, this property is a smart, stable choice with strong cash flow potential. Total rental income $54,000 & laundry income $2880. Total income $56,880. Approx. expenses- Insurance-$1900, water/sewer- $2700, Heat $5800, Taxes $6726,56. Approx. total expenses - $17,126,56 APPROX. NET INCOME- $39,753. Rents are $750, $1100, $1200, and $1450. Property taxes reflect non owner occupied. (id:7434)
Presented By: Keller Williams Capital Realty
Interior Features for 35 Margaret Street
Other Interior Features
Building Fireplace PresentFalse
Building Heating FuelOil
Building Heating TypeHot Water
Flooring TypeCeramic, Laminate
General for 35 Margaret Street
Building AppliancesRefrigerator, Stove, Washer, Dryer
Building TypeFourplex
Building.StoriesTotal1
FeaturesBalcony/Deck/Patio
Foundation TypeConcrete
Property TypeMulti-family
Exterior for 35 Margaret Street
Exterior FinishVinyl
Landscape FeaturesLandscaped
SewerMunicipal sewage system
Additional Details

Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty