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CANBSaint JohnSilver Falls35 Margaret St
35 Margaret St, Home with 0 bedrooms, 0 bathrooms and null parking in Saint John NB | Image 1
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$399,900
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35 Margaret St, Saint John, NB

Real Estate

For Sale

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000
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes $6,727
Days Active 1
Lot Size 
Approx. Age 1951
MLS® Number NB120279

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This well-maintained and spacious 4-family property offers a fantastic investment opportunity with a solid rental history and low vacancy rate. Each unit is generously sized, providing comfortable living for tenants. Recent updates throughout the building enhance its appeal and reduce ongoing maintenance costs. The property features off-street parking, a nicely sized backyard for tenant enjoyment, and a convenient location close to shopping, dining, and the mall. Additional amenities include coin-operated laundry, adding extra income potential. Whether you're an experienced investor or just starting your portfolio, this property is a smart, stable choice with strong cash flow potential. Total rental income $54, 000 & laundry income $2880. Total income $56, 880. Approx. Expenses- Insurance-$1900, water/sewer- $2700, Heat $5800, Taxes $6726, 56. Approx. Total expenses - $17, 126, 56 APPROX. NET INCOME- $39, 753. Rents are $750, $1100, $1200, and $1450. Property taxes reflect non owner occupied. (id:58753)Show Description
MLS® NumberNB120279
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1951
Basement
Driveway
Garage Spaces
HeatOil, Hot Water
A/C
Heating Fuel

Extras

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