59 Mclaughlin Crescent, Saint John, New Brunswick E2L 2J9

Listed for:
$347,500
0 beds
0 baths
Listed 27 days ago
Fourplex for rent: 59 Mclaughlin Crescent, Saint John, New Brunswick E2L 2J9

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Learn more about this property
Listing provided by:
Royal LePage Atlantic
MLS® number:
NB115864
Agent:
Tim Somerville
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About

Welcome to 59 Mclaughlin Crescent! This spacious 4-family is located east, close to many amenities, near the bus route and has electric heat. Priced just below assessed value, 3 of the units pay their own heat/lights, there is plenty of off-street parking and has very low vacancy. Rent increases will be Effective Nov 1st, 2025: $700 -- $720, $1450 -- $1490, $1000 -- $1030 The final unit remains at $850 - Total rental income: $49,080. Approx. expenses: insurance-$2319, taxes-$8036, water/sewer-$2500 and electricity-$7875. Approx. total expenses-$20,730. Approx. net income: $28,350. This 4-family is a good investment property that is well worth a look! (id:27476)

Property Highlights

MLS® Number
NB115864
Type
Multi-family
Ownership Type
Freehold
Land Size
18062 sqft

Building

Building Type
Fourplex
Exterior Finish
Vinyl
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location