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540-542 McKiel Street
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540-542 McKiel Street $500,000
$500,000
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540-542 McKiel Street
Saint John, New Brunswick E2M3R6

MLS® Number: NB124451

Listing Description

Welcome to 540-542 McKiel Street. This fully occupied triplex is located on the West Side of Saint John. This property offers two 3-bedroom units and one 2-bedroom unit, each with its own washer and dryer. The top unit is offered furnished, providing added value and tenant appeal. The main floor unit features lovely hardwood floors and beautiful woodworking details. The upstairs unit is unique, with a private staircase to the third floor, highlighted by attractive flooring and a large bathroom. All units are bright, spacious, and well maintained. Situated close to the bus route and just minutes to shopping, restaurants, schools, and Uptown Saint John, this property is ideally located for steady rental demand. With a strong rental history and desirable finishes, this is a turn-key income property and a great addition to any portfolio. Rents are as follows: Top Floor 2 Bedroom ($1500), Middle Floor 3 Bedroom ($1700) and Main Floor 3 Bedroom ($1500) for a yearly total of $56400. Expenses include: Hydro $2086, Heating $7645, Water/Sewage $1874, Insurance $4171 and Internet/TV $2221 and Property Tax $7589 for a total of $25586 yearly. Net Income $30814. Call today to view this lovely well cared for Triplex. (28869036)

Location Description

Church Avenue to McKiel Street

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
3
Title
Freehold
Land Size
409 m2
Built in
1925
Annual Property Taxes
$7,589.72
Time on REALTOR.ca
119 days

Price and Sale History

Date Status Price
Oct 15, 2020 Sale Closed $290,000

Building

Interior Features
Appliances Included
Refrigerator, Stove, Washer, Dishwasher, Dryer
Flooring
Ceramic, Hardwood
Basement Features
Walk out
Basement Type
Full (Unfinished)
Building Features
Features
Balcony/Deck/Patio
Rental Equipment
None
Total Units
3
Heating & Cooling
Heating Type
Baseboard heaters, Hot Water, (Propane)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl

Measurements

Square Footage
3354 sqft
Total Finished Area
3354 sqft

Land

Other Property Information
Access
Year-round access, Public Road
Data provided by: New Brunswick REALTORS®
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506-654-1727
REALTOR® Website
Email
eXp Realty
53 Clark Road
Rothesay, New Brunswick E2E2K9
506-654-1727

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