Rebecca Steeves Realty


LOADING

570 Tartan Street Saint John, New Brunswick E2K 2R7

Baseboard Heaters, Hot Water

$849,000

Welcome to 570 Tartan Street, a well-maintained 6-unit apartment building offering strong rental income, quality upgrades, and dependable returns. This property features five 2-bedroom units and one 1-bedroom unit, with five units currently rented: Unit #1 at $1,250, Unit #2 at $1,400, Unit #3 at $1,450, Unit #4 at $1,550, and Unit #6 at $1,600. Unit #5 is currently vacant and advertised at $1,450. Updates include a new roof and ventilation system, a high-efficiency furnace, and basement improvements with new structural posts and proper drainage. The building is in excellent condition with responsible tenants and is located near shopping, transit, and essential amenities. The property generates $85,931.32 in rental income and $3,776 from coin-operated laundry, totaling $89,707.32 annually, with expenses of $45,063.92 and a net income of $44,643.40making this a smart, turn-key investment opportunity. (id:19018)

Property Details

MLS® Number NB118625
Property Type Multi-family
Neigbourhood Pokiok
Equipment Type None
Rental Equipment Type None

Building

Constructed Date 1972
Exterior Finish Vinyl
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Baseboard Heaters, Hot Water
Stories Total 2
Total Finished Area 6300 Sqft
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 16027
Size Total 16027 Sqft
Size Total Text 16027 Sqft

https://www.realtor.ca/real-estate/28349801/570-tartan-street-saint-john

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