160 Charlotte Street

Saint John · MLS® NB149911

3,500 sq ft · 5,005 sq ft lot · House · Multi-family · 5 days on market

listed by Tim Somerville, Royal LePage Atlantic

realtor's description

Welcome to 160 Charlotte Street West! This 6-unit building offers great numbers, has off street parking, has electric heat, and is a fantastic investment property. This property has low vacancy, common laundry room, nice kitchen cabinets, and parking for approximately 4 cars. This building is well worth a look! Rents are : $649.89, $856.66, $939.35, $1050.00, $1125.00, and $1375.00. Total rental income is: $71,950.00. Approximate expenses are: insurance-$3000.00, electricity- $4000.00, water/sewer- $3500, and taxes- $6649.00. Approximate total expenses- $17,149.00. Approximate net income- $54, 801.00

property details

type: House, Multi-family
living area: 3,500 sq ft
lot: 5,005 sq ft
parking: 0
property tax: $6,649 / yr
days on market: 5
MLS®: NB149911

features

Level lot
Washer
Refrigerator
Stove
Dryer

monthly cost

$3,277/mo

Mortgage $2,723 · Tax $554

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,723/ monthly

loan $500,000

25-year amortization

down payment20% · $125,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $316,920
cash to close: $125,000; down payment; transfer tax and fees not included
total paid: $816,920

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.