Property Description for 27-29 Park Avenue
Discover this exceptional triplex located at 27-29 Park Ave on the East Side of Saint John, offering two cozy 1-bedroom units and one spacious 3-bedroom unit. Perfectly positioned near major amenities, including shopping centers, restaurants, schools, and parks, this property ensures ultimate convenience for residents. With easy access to public transportation and major roadways, commuting is a breeze. This versatile investment opportunity boasts strong rental potential, making it ideal for generating rental income or personal occupancy. Unit 1 rents for $490/month (rent increase in September to $590), Unit 2 rents for $750/month and Unit 3 rents for $1500/month. All tenants pay their own heat and lights. Expenses: Water/sewer - $2000, Insurance - $1800, Taxes - $5248, Hot Water Tank Rental - $600 = $9,684. Net Income = $23,196. (id:38686)
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Property Details
Property Tax
: $5,248MLS® #
: NB100817
Home Features
Property Type
: MultiFamilySquare Footage
: 1,800 SQFT
Interior Features
Heating
: Baseboard heaters, Electric
Exterior Features
Acreage
: 0.04Roof
: Tar & gravel, Unknown
Utilities
Sewer
: Municipal sewage system
Other
Exterior Features
: Vinyl
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