Saint John, NB E2K2R7,570 Tartan Street
Saint John, NB E2K2R7,570 Tartan Street
Saint John, NB E2K2R7,570 Tartan Street
Saint John, NB E2K2R7,570 Tartan Street
Saint John, NB E2K2R7,570 Tartan Street
Saint John, NB E2K2R7,570 Tartan Street
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$ 849,000
Est. payment | /mo

0.37 Acres Lot


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$ 849,000
Est. payment | /mo
Save

0.37 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS® Listing ID NB118625

Year Built 1972

Lot Size 0.368 Acres

Acres 16027.0

Source New Brunswick Real Estate Board

Property Description

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:24570)

Location

Province NB

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Hot Water,

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Story 2

Sewer Municipal sewage system

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Listed by EXIT Realty Specialists

GET MORE INFORMATION

agent
Inder Malhi

Broker | License ID: 5023940

+1(613) 404-3610 | inder@malhirealestate.com

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570 Tartan Street