1-3 Charlotte Street
Charlotte St, Central Peninsula, Saint John, NB, E2L 2H3
Quick Summary
Quick Summary
- Amazing investment property in Uptown area
- High-traffic corner location near City Market
- Pre-dates The Great Fire, exceptional property
- 4 updated studio apartments, 1-3 bedrooms
- Current total rental income $91,200
- Approx total expenses $25,098
- Approx total net income $66,102
Welcome to 1-3 Charlotte Street! This amazing investment property is located on a high-traffic corner in the Uptown area approximately a 2-mintue walk to the gates of City Market. The main floor commercial space is currently being used as an Art Studio and 4 newly updated studio apartments that are 1-1bdrm and 3-2bdrm units. This 3-unit... Show More
Welcome to 1-3 Charlotte Street! This amazing investment property is located on a high-traffic corner in the Uptown area approximately a 2-mintue walk to the gates of City Market. The main floor commercial space is currently being used as an Art Studio and 4 newly updated studio apartments that are 1-1bdrm and 3-2bdrm units. This 3-unit building (circa 1867) pre-dates The Great Fire and is an exceptional investment property located in the urban city surroundings of Canada's oldest incorporated city! Current rents are $1300, $1400, $1500, $1600 and $1800. Total rental income - $91,200. Approx. total expenses are: Water/sewer - $2500, taxes $13,198, insurance $4000, electricity $5400. Approx. total expenses $25,098. Approx. total net income- $66,102. (id:54626)
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