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CANBSaint John2149 Ocean Way W
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2149 Ocean Way W, Saint John, NB

Real Estate

For Sale

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MLS® NB128372

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 9500 sqft
Garage No
Maintenance Fees 
Taxes $21,984
Days Active 98
Approx. Age 
Avg. Price Per Sqft $400
MLS® Number NB128372

Property Address: 2149 Ocean Way W, Saint John, NB, E2M5H6

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

Description

Welcome to 2144 and 2149 Ocean Westway, a fantastic investment opportunity featuring 19 fully renovated one-level, units ideal for professional workers. The property is in excellent condition and situated in a desirable area, offering easy access to the highway and nearby amenities. With strong rental numbers and modern updates throughout, this like-new property offers impressive financials. The total annual rental income is $312, 600, with units rented at varying rates: 2 at $ 1, 100, 2 at $ 1, 200, 1 at $ 1, 250, 10 at $ 1, 400, 2 at $ 1, 500, and 2 at $ 1, 600. Estimated annual expenses include $21, 984 for taxes, $5600 for water and septic, $5000 for electricity, $10, 301 for insurance, and $6986 for snow removal and garbage, totaling approximately $49, 871. This results in an estimated net income of $262, 729. For serious investors seeking a high-performing and low-maintenance property, this is well worth a closer look. (id:58753)Show Description
MLS® NumberNB128372
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

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Starting Address
Destination Address
2149 Ocean Way W, Saint John, NB

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