We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home NB Greater Saint John Saint John County Saint John Lower West Side
116-118 Lancaster Street
Directions Print
116-118 Lancaster Street $199,900
$199,900
Hide
Favourite

116-118 Lancaster Street
Saint John, New Brunswick E2M1H9

MLS® Number: NB125599

Listing Description

BACK ON MARKET DUE TO FINANCING. Welcome to 116118 Lancaster Street, a well-maintained duplex on Saint Johns west side. Each spacious unit features 3 bedrooms, a full bathroom, and a functional kitchen, with plenty of natural light throughout. Both units also offer in-unit laundry hookups conveniently located at the back of each space. This property presents an excellent investment opportunity with current rental income of $1,075 for Unit 116 and $1,110 for Unit 118, for a combined total of $2,185 per month. Tenants cover their own utilities, making this a straightforward, income-generating property. Situated close to schools, parks, shopping, and all west side amenities, this duplex is ideal for investors or owner-occupiers seeking both affordability and steady returns. Expenses: *Water heater rental - $354/year* Insurance: $1842. Taxes: $4641. Water/Sewage: $2887.Total Expenses - 9724. Total Income $25800 - Expenses = Net Income $16076. Both Tenants are Month to Month. (28929648)

Location Description

From Uptown Saint John, head west over the Reversing Falls Bridge onto Lancaster Street. Property is on the right.

Property Summary

Property Type
Multi-family
Building Type
Duplex
Title
Freehold
Land Size
1410 sqft
Annual Property Taxes
$4,641
Time on REALTOR.ca
104 days

Price and Sale History

Date Status Price
Jun 7, 2019 Sale Closed $119,000

Building

Interior Features
Flooring
Other
Building Features
Foundation Type
Concrete
Rental Equipment
Water Heater
Total Units
2
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Wood siding

Measurements

Square Footage
1980 sqft
Total Finished Area
1980 sqft

Land

Other Property Information
Access
Year-round access, Public Road
Data provided by: New Brunswick REALTORS®
Are you interested in touring this listing?
Request a showing

Similar Listings

Marcus Power