177-179 Bayside Drive

Welcome to 177-179 Bayside Drive, situated on a busy street these units are very east to rent! This is a prime location in East Saint John, a stones throw away from schools, restaurants, and the bus stop! This duplex offers two large bright units with all new windows, brand new oil tank and is also renovated inside! Currently fully occupied( upper unit tenants move in May 1st! ) come take advantage of this excellent investment opportunity! Rents are 4 bedrm upstairs $1695 and 2 bedrm downstairs $1495 heated and tenant pay own electric. The basement space can be used as a workshop, garage or converted to any rental space, in this high traffic area, the possibilities are endless! Expenses: Heat $6434.17; Electric $1500; Insurance $2400; property Tax $3637.17; Water $2856; Maintenance $2400. Solid cap rate! Come have a look! (id:54626)