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Home NB Greater Saint John Saint John Fairville
569-571 Harding Street West
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569-571 Harding Street West $459,000
$459,000
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569-571 Harding Street West
Saint John, New Brunswick E2M3M2

MLS® Number: NB112783

Listing Description

Fantastic Investment Opportunity! This 5-unit multi-family property is located in a prime West Side location of Saint John, right on the bus route and within walking distance of grocery stores, drugstores, shopping centers, restaurants, and coffee shops, making it highly attractive to tenants. The property consists of 3 one-bedroom units and 2 two-bedroom units, one of which includes an additional den. The current rental income is $53,160 annually, well below market value. Even with rental increases for two units starting on September 1, the annual income will only rise to $53,832 per year. With an estimated potential of $70,000 per year, this property offers significant upside for investors. Total annual expenses are $17,823. This property is being sold as-is, presenting an excellent opportunity for those looking to maximize rental income and build long-term equity. Dont miss out on this solid investmentbook a showing via TouchBase now! (28041973)

Property Summary

Property Type
Multi-family
Land Size
446 m2
Built in
1950
Annual Property Taxes
$2,846.69
Time on REALTOR.ca
41 days

Price and Sale History

Date Status Price
Aug 31, 2020 Sale Closed $138,000
Oct 18, 2009 Sale Closed $96,000

Building

Interior Features
Appliances Included
Refrigerator, Stove
Building Features
Total Units
5
Heating & Cooling
Heating Type
(Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl

Measurements

Total Finished Area
2000 sqft

Land

Other Property Information
Access
Year-round access
Data provided by: New Brunswick Real Estate Board Unit 1 - 1000 Sandy Point Road, Saint John, New Brunswick E2K 5H3

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