Welcome to 64 St. John Street! This spacious three-unit property is an excellent opportunity for investors. Each tenant pays their own heat and electricity, and the property boasts generously sized units with a very low vacancy rate. Conveniently located near the highway and various amenities, this building offers both practicality and potential. Recent renovations have been completed, and the numbers speak for themselves: the property includes two 2-bedroom units and one 3-bedroom unit. The rental income is as follows: $725 and 2 units at $1,145, for a total annual rental income of approximately $36,180. The estimated expenses are: Insurance: $1,390, Property taxes: $3,391, Water and sewer: $2,291, Electricity: $520. This totals approximately $7,588 in annual expenses, leaving an estimated net income of $28,592. This property is well worth a closer lookdont miss this fantastic investment opportunity! (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Equipment
Water Heater
Features
Level lot, Sloping
Location Description
End of Market Place --> Left onto St. John Street
Municipal ID
00367375
Ownership Type
Freehold
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Building
Basement Type
Crawl space
Exterior Finish
Cedar shingles, Vinyl
Flooring Type
Laminate
Foundation Type
Concrete, Stone
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
3
Total Finished Area
2400 sqft
Type
Triplex
Utility Water
Municipal water
Land
Total Size
5005 square feet
Access Type
Year-round access
Landscape Features
Partially landscaped
Sewer
Municipal sewage system
Size of Irregular Land
5005
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