116-118 Lancaster Street, Saint John, New Brunswick, CA

Address: 116-118 Lancaster Street, Saint John, New Brunswick

0 Beds0 Baths1980 sqftStatus: Buy
Price $205,000

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Duplex
Square Footage
1980 sqft
Title
Freehold
Land Size
1410 sqft
Building
Interior Features
Flooring
Other
Building Features
Foundation Type
Concrete
Square Footage
1980 sqft
Rental Equipment
Water Heater
Total Finished Area
1980 sqft
Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Wood siding
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Your Home Finance Calculation

Property Price CA $205,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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