59 Mclaughlin Crescent Saint John, New Brunswick E2L 2J9
$347,500
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-$7648, water/sewer-$2500 and electricity-$7875. Approx. total expenses-$20,342. Approx. net income: $28,738. This 4-family is a good investment property that is well worth a look! (id:23389)
Property Details
| MLS® Number | NB115864 |
| Property Type | Multi-family |
| Neigbourhood | Westmorland Heights |
| Features | Level Lot, Sloping |
Building
| Appliances | Refrigerator, Stove |
| Exterior Finish | Vinyl |
| Fireplace Present | No |
| Flooring Type | Carpeted, Laminate |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Total Finished Area | 2200 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Irregular | 9688 |
| Size Total | 9688 Sqft |
| Size Total Text | 9688 Sqft |
https://www.realtor.ca/real-estate/28137814/59-mclaughlin-crescent-saint-john
Interested?
Contact us for more information
Tim Somerville
Salesperson
(506) 658-1149
timsomerville.com/
www.facebook.com/RoyalLepageTimSomerville
www.linkedin.com/in/tim-somerville-51324860?authType=name&authToken=6M7l&trk=api*a115291*s123774*
71 Paradise Row
Saint John, New Brunswick E2K 3H6
(506) 658-6440
(506) 658-1149
royallepageatlantic.com/
Brittany Donnelly
Salesperson
71 Paradise Row
Saint John, New Brunswick E2K 3H6
(506) 658-6440
(506) 658-1149
royallepageatlantic.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Saint John Real Estate Board Inc
Royal LePage Atlantic
May 02 2025 12:50:58
