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105-107, 109, 111-115 Mecklenburg Saint John, New Brunswick E2L 1R2

Baseboard Heaters, Hot Water

$1,195,000

Great opportunity for investors looking to expand their portfolio with two fully renovated 4-unit buildings and a parking lot featuring a 3-car garage. Located at 105-107 Mecklenburg and 111-115 Mecklenburg St Saint John, NB, these properties have undergone extensive renovations, making them an attractive investment. 105-107 Mecklenburg- This building has been beautifully updated with new kitchens, bathrooms, and flooring, creating fresh and bright living spaces. It consists of two 1-bedroom, 1-bathroom units and two 3-bedroom, 1-bathroom units. All units have access to an interior back entrance leading to a private backyard. Additionally, tenants have access to a common coin laundry area. The total monthly rent for this building is $5000. 111-115 Mecklenburg - This building offers three 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit. Each unit has been renovated with new flooring, kitchens, and bathrooms and comes with its own laundry facilities. The total monthly rent for this building is $4900. Additional Features:The large parking lot provides ample space for tenants' vehicles, and the 3-car garage is rented separately for $375 per month, adding to the property's income potential. The combined rental income from both buildings totals $123,300 annually, making this a highly profitable investment. Don't miss out on this prime investment opportunity in a desirable location. Call today to schedule a viewing. (id:36436)

Property Details

MLS® Number NB102476
Property Type Multi-family

Building

Appliances Refrigerator, Stove, Washer, Dryer
Exterior Finish Vinyl
Fireplace Present No
Heating Fuel Natural Gas
Heating Type Baseboard Heaters, Hot Water
Total Finished Area 10228 Sqft
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 1444
Size Total 1444 M2
Size Total Text 1444 M2

https://www.realtor.ca/real-estate/27098550/105-107-109-111-115-mecklenburg-saint-john

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Davis Schryer
Salesperson

(506) 333-0282

RE/MAX Professionals
10 King George Crt
Saint John, New Brunswick E2K 0H5

(506) 634-8200
(506) 632-1937
www.remax-sjnb.com/

Josh Montgomery
Salesperson

(506) 566-3435

RE/MAX Professionals
10 King George Crt
Saint John, New Brunswick E2K 0H5

(506) 634-8200
(506) 632-1937
www.remax-sjnb.com/

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