570 Tartan Street, Saint John, New Brunswick, E2K2R7

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For sale, ID#: NB118625
570 Tartan Street
Saint John New Brunswick
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$849,000

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:2471)

Representatives
HARE REALTY GROUP Sales Representatives
EXIT Realty Specialists Brokerage - Miramichi
Property Details
  • Property Address: 570 Tartan Street, Saint John, New Brunswick, E2K2R7
  • Property Type: Multi-family
  • Lot Size: 16027
  • Acreage: 16027 sqft
  • Sewage Type: Municipal sewage system
  • Water Type: Municipal water
  • Maintenance Fee: 0.00
Structure Details
  • Storeys: 2
  • Total Finished Area: 6300 sqft
  • Building Age: 1972
  • Heating Type: Natural gas, Baseboard heaters, Hot Water
  • Exterior Type: Vinyl
  • Foundation Type: Concrete
Neighbourhood Information

Listing Offices: EXIT Realty Specialists

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570 Tartan Street, Saint John, New Brunswick, E2K2R7
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