
Courtesy of: Tim Somerville, Salesperson, Royal LePage Atlantic
$515,000
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2,112 square feet
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Multi-family
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$515,000
34-36 Jean Street Welcome to 4-36 Jean Street! Located on the east side, this 4-unit building offers electric baseboard heating (tenants pay their own heat/lights). Situated on a double lot, this investment property has solid numbers, is on the bus route, is close to many amenities and has off street parking. Rents are:$995, $1, 024, $1, 200, $1, 250. Total rental income=$4, 469($53, 628/yr). Approximate expenses are: Water/sewer - $2, 704, snow removal - $1, 350, electricity - $800, insurance - $2, 500 and taxes - $2, 651. Approximate Total expenses = $ 10, 005. Approximate Net Income = $43, 623. With solid numbers, this 4-unit property is well worth a look! (id:203)