Property Details
389 Duke Street, Saint John, New Brunswick, E2M1V4
Sales Representative
RE/MAX Professionals Saint John Inc., Brokerage
Cell: 506-650-4412
Tel: 506-634-8200
$319,500 - For sale
Welcome to 389 Duke Street West! This 4 family offers a solid buildings with some off-street parking. Heated with electric baseboard, this is a solid property that is close to amenities. This building has a nice backyard and has some long-term tenants. Rents are $600(bachelor). $650 (1-bdrm), $750 (2-bdrm) and $770 (2-bdrm). Total rental income $33,240. Approximate expenses water/sewer - $2218, water heater rental - $831, taxes - $3824 and insurance- $ 1400. Approx. total expenses - $8273. Approx. net income $24,967. Rents will be increased to $643 (bachelor), $697 (1-bdrm), $804 (2-bdrm) and $826 (2-bdrm) as of Jan 1/24. Total rental income will be $35,640. This is a great investment building that is well worth a look! (id:2471)
Location DescriptionTop of Duke Street Near Lancaster Ave
- Property Address:389 Duke Street, Saint John, New Brunswick, E2M1V4
- Property Type:Multi-family
- Title:Freehold
- Lot Size:5167 sqft
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Access:Year-round access
- Structure Style:Fourplex
- Total Finished Area:2508 sqft
- Heating Type:Electric, Baseboard heaters
- Storeys:2
- Flooring:Carpeted, Laminate, Wood
- Basement Type:Crawl space
- Foundation Type:Concrete
- Appliances Included:Refrigerator, Stove
- Rental Equipment:Water Heater
- Exterior Type:Vinyl
Sales Representative
RE/MAX Professionals Saint John Inc., Brokerage
Cell: 506-650-4412
Tel: 506-634-8200
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- Map 389 Duke Street, Saint John, New Brunswick, E2M1V4
- Neighbourhood Information
389 Duke Street, Saint John, New Brunswick, E2M1V4
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