Property Details

22 Mecklenburg Street, Saint John, New Brunswick

22 Mecklenburg Street, Saint John, New Brunswick (ID NB036499)

$600,000 - For Sale

ID#:NB036499

Welcome to Uptown living! This 9-unit is a great investment property that consists of 4-1 bedroom units, 4-2 bedroom units and 1-3 bedroom unit. Plenty of off-street parking, garage, fantastic location and has had many updates through recent years. Rents are low but could easily be higher. Rents are: 2 @ $690, $710, 2 @ $750, $775, 2 @ $860 and $1125. Total rental Income income- $86, 280. Expenses are: Water/sewer- $9288, taxes- $9033, heat-$20,353, snow/garbage- $2016 and insurance- $1700. Approx total expenses- $47, 765, Approx net income- $38,515. Solid building in Uptown Saint John that is worth a look!

Property Details
  • Property Address:22 Mecklenburg Street, Saint John, New Brunswick
  • Property Type:Multi Family
  • Taxes:$9,033 (2019)
Structure Details for 22 Mecklenburg Street, Saint John, New Brunswick
  • Structure Type:9 - 12 Units
  • Square Footage:8500 SqFt
  • Exterior Type:Brick
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22 Mecklenburg Street, Saint John, New Brunswick

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