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MLS® NB125599

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1980 sqft
Garage No
Taxes $4,641
Days Active 92
Lot Size 
Approx. Age 
Avg. Price Per Sqft $100
MLS® Number NB125599

Property Address: 118 Lancaster St, Saint John, NB, E2M1H9

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

Description

BACK ON MARKET DUE TO FINANCING. Welcome to 116118 Lancaster Street, a well-maintained duplex on Saint Johns west side. Each spacious unit features 3 bedrooms, a full bathroom, and a functional kitchen, with plenty of natural light throughout. Both units also offer in-unit laundry hookups conveniently located at the back of each space. This property presents an excellent investment opportunity with current rental income of $1, 075 for Unit 116 and $1, 110 for Unit 118, for a combined total of $2, 185 per month. Tenants cover their own utilities, making this a straightforward, income-generating property. Situated close to schools, parks, shopping, and all west side amenities, this duplex is ideal for investors or owner-occupiers seeking both affordability and steady returns. Expenses: *Water heater rental - $354/year* Insurance: $1842. Taxes: $4641. Water/Sewage: $2887.Total Expenses - 9724. Total Income $25800 - Expenses = Net Income $16076. Both Tenants are Month to Month. (id:58753)Show Description
MLS® NumberNB125599
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Commute

Starting Address
Destination Address
118 Lancaster St, Saint John, NB

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