NB
Saint John
E2M1H9
116-118 Lancaster Drive
116-118 Lancaster Drive, Saint John, NB E2M1H9
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Listing Type
Multi Family
Listing Status
active
27
$209,900

Home Details for 116-118 Lancaster Drive

Price
$209,900
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Parking
Days on site
20
Listing #
NB125599
Property Description

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. (id:31684)

Property Features
  • Heating Information
    • Baseboard
    • Electric
Listing Courtesy: RE/MAX Professionals
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EXIT REALTY ASSOCIATES
260 Champlain St, Dieppe, NB E1A 1P3
Angela Auffrey
License #: 230044543
Sales Representative
Office
506-382-3948
Agent
506 378 2021
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