59 McLaughlin Cres, Saint John, NB E2J 2J9

Welcome to 59 Mclaughlin Crescent! This spacious 4-family is located east, close to many amenities, near the bus route and has electric heat. Priced just below assessed value, 3 of the units pay their own heat/lights, there is plenty of off-street parking and has very low vacancy. Rents are $850, $700 and $1450. Unit 3 in $1000 heat and lights included. Total rental income: $48,000. Approx. expenses: insurance-$2319, taxes-$7648, water/sewer-$2500 and electricity-$7875. Approx. total expenses-$20,342. Approx. net income: $27,658. This 4-family is a good investment property that is well worth a look!