229 DOUGLAS Avenue, Saint John, NB, E2K 1E5Listing ID# SJ170512
Spacious 3-family designated Heritage and priced below assessed value ($158,600). This 3 family has electric heat, hardwood floors, large 3 bedroom units and a great waterview! Electrical is being updated. Currently adding 3 new back decks and new staircase. Located on a bus route, close to all amenities and has plenty of charm & character! Ideal for owner occupied. Each unit could rent for $700/mth. Apt. 1 is in need of renovations. Total rental income - $25200. Water/sewer $3600. Insurance - $2400. Taxes - $3896. Electricity - $500. Approx. expenses - $10468. Approx. Net Income - $14732.
Listing courtesy of ROYAL LEPAGE ATLANTIC (S105)
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