$199,000
83 Somerset Street Saint John, NB E2K2X5
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$199,000
Est. payment /mo
9,633 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB107553
Originating Board New Brunswick Real Estate Board
Lot Size 9,633 Sqft
Acres 9633.7
Property Description
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:24570)
Location
Province NB
Interior
Heating Baseboard heaters, Heat Pump,
Cooling Heat Pump
Flooring Laminate
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Lot Description Landscaped
Sewer Municipal sewage system
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Listed by KELLER WILLIAMS CAPITAL REALTY
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