Welcome to 4-36 Jean Street! Located on the east side, this 4-unit building offers electric baseboard heating (tenants pay their own heat/lights). Situated on a double lot, this investment property has solid numbers, is on the bus route, is close to many amenities and has off street parking. Rents are:$995, $1,024, $1,200,$1,250. Total rental income=$4,469($53,628/yr). Approximate expenses are: Water/sewer - $2,704, snow removal - $1,350, electricity - $800, insurance - $2,500 and taxes - $2,651. Approximate Total expenses = $ 10,005. Approximate Net Income = $43,623. With solid numbers, this 4-unit property is well worth a look! (id:4069)
Address
34-36 Jean Street
List Price
$515,000
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Saint John
Floor Area
2,112 Sq. Ft.
Lot Size
9192 Sq. Ft.
MLS® Number
NB144281
Listing Brokerage
Royal LePage Atlantic
Basement Area
Crawl space
Postal Code
E2J1J9
Ownership
Freehold
Features
Level lot
Appliances
Refrigerator, Stove, Washer, Dryer
Heat Source
Electric
Heat Type
Baseboard heaters
Foundation Details
Concrete
Number Of Floors In Building
2
Water Source
Municipal water
Access To Property
Year-round access, Public Road
Sewer
Municipal sewage system
