136 Charlotte Street, Saint John, New Brunswick - NB095961

Listed by Corey Breau - The name to know! - RE/MAX Professionals
Welcome to 136 Charlotte Street, Saint John, New Brunswick! This investment property is located in the heart of the ever-growing Uptown Saint John. Within walking distance there is shopping, fine dining, cafes, galleries, the City Market, parks, anything and everything you would expect in an urban core. The major uptown waterfront development known as the “Fundy Quay” and award winning “Area 506” are both less than a kilometer away. This makes keeping the 5 rental units always occupied vey achievable. There are three one-bedroom apartments and two bachelor apartments. The smaller apartments mean as an owner you have less tenants to worry about than if they were larger units. As a result, the atmosphere of building is quiet and mature. All units have the ability to pay their own heat and lights. Current rents may be under valued as well. Total income is $49,602, current expenses are $19,063, resulting in a net of $30,538 with room to grow the bottom line. There is space in the basement to add coin operated laundry, rentable storage or possibly restore the previous 6th unit. This building could be a great addition to your investment portfolio, please reach out for more information or private tour.

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Listing no longer exists. Lucky new owner.