116 Carleton Street Saint John, New Brunswick E2L 2Z7
$269,000
This rare Uptown Saint John duplex offers an exceptional 10% CAP rate with strong cash flow potential. Ideally located within walking distance to shops, restaurants, King Square, but stop and amenities, the property features two self-contained units, each with separate electrical meters, laundry in the building, and single attached garage + off-street parking, completely paved. Recent major upgrades on new floorings, walls, vanity changes, windows, brand new electric boilers and water tanks, fresh paint throughout etc. totaling over $60,000 ensure low maintenance and easy rental appeal. Unit A (main floor) is a 1-bedroom rented at market rate ($1,000/month), with the tenant covering all utilities. Unit B (upper level) is a spacious 3-bedroom currently rented by three tenants generating $2,100/month, with utilities paid by the landlord. With annual rental income of $37,200 and net income of $26,972.15, this turn-key property offers flexible options for investors or owner-occupants looking to live mortgage-free. This is an excellent opportunity to own in the citys most vibrant district. (id:19018)
Property Details
| MLS® Number | NB122299 |
| Property Type | Single Family |
| Neigbourhood | Parker's Corner |
| Equipment Type | None |
| Features | Balcony/deck/patio |
| Rental Equipment Type | None |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Exterior Finish | Vinyl |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Hot Water |
| Size Interior | 2,050 Ft2 |
| Total Finished Area | 2050 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 2798 |
| Size Total | 2798 Sqft |
| Size Total Text | 2798 Sqft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 15'0'' x 12'6'' | ||
| Second Level | 3pc Bathroom | 7'6'' x 6'8'' | ||
| Second Level | Bedroom | 14'7'' x 9'4'' | ||
| Second Level | Bedroom | 12'6'' x 9'2'' | ||
| Second Level | Bedroom | 15'10'' x 13'4'' | ||
| Main Level | 3pc Bathroom | 6'4'' x 6'3'' | ||
| Main Level | Kitchen | 17'11'' x 13'2'' | ||
| Main Level | Bedroom | 12'6'' x 8'4'' | ||
| Main Level | Living Room | 16'3'' x 12'9'' |
https://www.realtor.ca/real-estate/28573110/116-carleton-street-saint-john
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July 08 2025 01:59:57
Saint John Real Estate Board Inc
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