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! (id:57557)
| MLS® Number | NB115864 |
| Property Type | Multi-family |
| Neigbourhood | Westmorland Heights |
| Features | Level Lot, Sloping |
| Appliances | Refrigerator, Stove |
| Exterior Finish | Vinyl |
| 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 |
| Access Type | Year-round Access |
| Acreage | No |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Irregular | 18062 |
| Size Total | 18062 Sqft |
| Size Total Text | 18062 Sqft |
https://www.realtor.ca/real-estate/28137814/59-mclaughlin-crescent-saint-john
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by 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 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. Used under license.
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