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Home NB Greater Saint John Saint John Pokiok
570 Tartan Street
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570 Tartan Street $849,000
$849,000
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570 Tartan Street
Saint John, New Brunswick E2K2R7

MLS® Number: NB118625

Listing Description

Welcome to 570 Tartan Street, a well-maintained 6-unit apartment building offering strong rental income, quality upgrades, and dependable returns. This property features five 2-bedroom units and one 1-bedroom unit, with five units currently rented: Unit #1 at $1,250, Unit #2 at $1,400, Unit #3 at $1,450, Unit #4 at $1,550, and Unit #6 at $1,600. Unit #5 is currently vacant and advertised at $1,450. Updates include a new roof and ventilation system, a high-efficiency furnace, and basement improvements with new structural posts and proper drainage. The building is in excellent condition with responsible tenants and is located near shopping, transit, and essential amenities. The property generates $85,931.32 in rental income and $3,776 from coin-operated laundry, totaling $89,707.32 annually, with expenses of $45,063.92 and a net income of $44,643.40making this a smart, turn-key investment opportunity. (28468426)

Property Summary

Property Type
Multi-family
Storeys
2
Land Size
16027 sqft
Built in
1972
Annual Property Taxes
$10,591.16
Time on REALTOR.ca
38 days

Price and Sale History

Date Status Price
Feb 28, 2022 Sale Closed $750,000

Building

Building Features
Foundation Type
Concrete
Rental Equipment
None
Total Units
6
Heating & Cooling
Heating Type
Baseboard heaters, Hot Water, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl

Measurements

Total Finished Area
6300 sqft
Data provided by: New Brunswick Real Estate Board 541 St. George Boulevard, Moncton, New Brunswick E1E 2B6

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