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. Rent increases will be Effective Nov 1st, 2025: $700 --> $720, $1450 --> $1490, $1000 --> $1030 The final unit remains at $850 - Total rental income: $49,080. Approx. expenses: insurance-$2319, taxes-$8036, water/sewer-$2500 and electricity-$7875. Approx. total expenses-$20,730. Approx. net income: $28,350. This 4-family is a good investment property that is well worth a look!