150 154 Orange Street
Saint John, Saint John County, New Brunswick, Canada
$216,958 USD
Active

150 154 Orange Street, Saint John, Saint John County, New Brunswick, Canada

Property Features

  • MLS # NB084967
  • Lot Area: 0.11 acres
  • Original Price: 299,900 CAD
  • Year Built: 1927
  • Original Currency: CAD

Property Description

Looking to start investing? This property has the flexibility to start out by living in a unit to keep your costs lower or buy and hold as a stand alone investment. The triplex offers larger units, a great location and has potential to increase income. Two units are similar in layout and finishes. They both have a living rooms which faces the front of the property that provides plenty of light with their large bay windows. As you exit the living room you will find dining area, kitchen with separate storage room. The bedrooms and bathroom are situation on one side of the building separate from living space. Apartment 152 one the main floor is 3 Bedrooms and currently renting out at 975 h/l included. Top apartment, 154 is the 4 bedroom and 1000 h/l. These rents are below market for size and location, notices were delivered to increase rents to $1200 and $1175 for this year. They do have their own entrances for electricity but heat is hot water oil furnace. Downstairs was newly renovated large 2 Bedroom. It still captures a lot of light as the property slopes downward allowing the basement to have its own back walk out entrance and full size windows. When renovated electric baseboard heat was installed and tenants were paying 995 a month but are moving out August 1. Pictures attached are of vacant renovated unit prior to occupancy. 2022 Utilities did cover costs of carrying vacant unit until rented July of 2022. (id:8860)

Location

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