Property Details

54-56 Wright Street, Saint John, New Brunswick, E2K3Z2

54-56 Wright Street, Saint John, New Brunswick, E2K3Z2 (ID NB112218)
Representative
Chelsea Dale portrait
Chelsea Dale

eXp Realty - Fredericton
Cell: 506-262-4357

$525,000 - For sale

ID#:NB112218

Welcome to 54-56 Wright Street! Centrally located, this 6-unit property is a fantastic investment with strong financials. The building features five two-bedroom units renting for $950, $950, $1,050, $1,095, and $1,150, along with one one-bedroom unit renting for $975. Situated on the bus route, close to Rockwood Park, and offering easy access to the highway, this property is conveniently located near many amenities. The total rental income is approximately $74,040. Estimated expenses include garbage at $1,905, taxes at $5,628, insurance at $3,519, water and sewer at $4,779, and heat at $9,252, bringing total expenses to approximately $25,083. This results in an estimated net income of $48,957. With very few 6-unit buildings available, this affordable option is a valuable addition to any investment portfolio. (id:2471)

Location DescriptionNear Gooderich Street

Property Details
  • Property Address:54-56 Wright Street, Saint John, New Brunswick, E2K3Z2
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:6997 sqft
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Year-round access
Structure Details for 54-56 Wright Street, Saint John, New Brunswick, E2K3Z2
  • Total Finished Area:3000 sqft
  • Heating Type:Natural gas, Hot Water
  • Storeys:2
  • Flooring:Carpeted, Laminate, Wood
  • Foundation Type:Concrete, Stone
  • Appliances Included:Refrigerator, Stove
  • Rental Equipment:Water Heater
  • Exterior Type:Cedar shingles, Wood
Amenities for 54-56 Wright Street, Saint John, New Brunswick, E2K3Z2 Level lot, Sloping, Landscaped
Representative
Chelsea Dale portrait
Chelsea Dale
REALTOR®
eXp Realty - Fredericton
Cell: 506-262-4357
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54-56 Wright Street, Saint John, New Brunswick, E2K3Z2

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