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MLS® NB140357

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 1000 sqft
Garage 
Taxes $4,645
Days Active 5
Lot Size 
Approx. Age 
Avg. Price Per Sqft $340
MLS® Number NB140357

Property Address: 181 Duke St W, Saint John, NB, E2M1T5

Average square foot calculated using Size range provided by listing agent.

Description

Triplex for Sale in Saint John West! This income-producing three-unit property offers a strong ROI addition to any real estate investment portfolio and in the last 8 years there has been many upgrades IE: New ROOF, New WINDOWS, ELECTRICAL along with new flooring and much more, this property is definitely worth a look. Located on Saint John's West Side, 181 Duke Street West features three spacious 3-bedroom units with current rents of $1, 135/month, $1, 450/month, and $1, 645/month. Tenants pay their own electricity, helping keep operating costs manageable. Gross annual rental income is $50, 760. Based on the April 1, 2024 to March 31, 2025 operating period, annual expenses include property taxes of $4, 645, insurance of $2, 889.67, maintenance of $2, 296.35, electricity of $1, 974.14, and water/sewer of $4, 284, for total annual expenses of approximately $16, 089 and a net operating income of approximately $34, 671. The property is serviced by municipal water and sewer and offers a low-maintenance setup for investors looking to expand their holdings. Conveniently located close to Uptown Saint John, shopping, schools, public transit, and major amenities, this is an excellent opportunity to own a well-performing multi-family property in a strong rental area. Whether you're a seasoned investor or looking to purchase your first income property, 181 Duke Street West is worth a closer look. (id:58753)Show Description
MLS® NumberNB140357
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementCrawl space
Driveway
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Heat
A/C
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Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
181 Duke St W, Saint John, NB

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