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.
In-PersonVirtual Tour
$ 347,500
Est. payment /mo
Price Dropped by $2K
59 McLaughlin Crescent Saint John, NB E2L2J9
9,688 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB115864
Originating Board New Brunswick Real Estate Board
Lot Size 9,688 Sqft
Acres 9688.0
Property Sub-Type Freehold
Property Description
Welcome to 59 Mclaughlin Crescent! This spacious 4-family is located east, close to many amenities, near the bus route and has electric heat. Priced just below assessed value, 3 of the units pay their own heat/lights, there is plenty of off-street parking and has very low vacancy. Rent increases will be Effective Nov 1st, 2025: $700 --> $720, $1450 --> $1490, $1000 --> $1030 The final unit remains at $850 - Total rental income: $49,080. Approx. expenses: insurance-$2319, taxes-$7648, water/sewer-$2500 and electricity-$7875. Approx. total expenses-$20,342. Approx. net income: $28,738. This 4-family is a good investment property that is well worth a look! (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Carpeted, Laminate
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Lot Description Landscaped
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Royal LePage Atlantic