For Sale

$347,500

59 McLaughlin CRES, Saint John, NB E2L 2J9

Remarks

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!

Property Summary

  • Total Finished Area: 2200 Square Feet

Property Features:

  • Driveway:
    Paved
  • Exterior:
    Vinyl
  • Flooring:
    Carpet , Cushion , Laminate
  • Foundation Basement:
    Concrete
  • Heating Cooling:
    Baseboard , Electric
  • Land Features:
    Cleared , Landscaped , Level , Sloping/Terrace
  • Property Size:
    Under 0.5 Acres
  • Roof:
    Tar & Gravel
  • Title To Land:
    Freehold
  • Water:
    Municipal

Office Listing: 

Tim Somerville Real Estate Agent  ,  Brittany Donnelly

Lifestyle
Neighbourhood Info
Mike Tidd

Mike Tidd

Sales Associate

Phone:  506.450.5064

Mobile:  506.450.5064

Fax:  506.446.5050

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Royal LePage Atlantic, Brokerage (Independently owned and operated)

291 RESTIGOUCHE ROAD
OROMOCTO,  NB E2V2H2

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