Average square foot calculated using Size range provided by listing agent.
Description
Welcome to 570 Tartan Street, a well-maintained 6-unit apartment building offering strong rental income, quality upgrades, and dependable returns. This property features five 2-bedroom units and one 1-bedroom unit, with five units currently rented: Unit #1 at $1, 250, Unit #2 at $1, 400, Unit #3 at $1, 450, Unit #4 at $1, 550, and Unit #6 at $1, 600. Unit #5 is currently vacant and advertised at $1, 450. Updates include a new roof and ventilation system, a high-efficiency furnace, and basement improvements with new structural posts and proper drainage. The building is in excellent condition with responsible tenants and is located near shopping, transit, and essential amenities. The property generates $85, 931.32 in rental income and $3, 776 from coin-operated laundry, totaling $89, 707.32 annually, with expenses of $45, 063.92 and a net income of $44, 643.40making this a smart, turn-key investment opportunity. (id:58753)Show Description
MLS® NumberNB118625
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1972
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatBaseboard heaters, Natural gas, Hot Water
A/C
Heating Fuel
Extras
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