Welcome to 377 Douglas Avenue! This lovely 2-family home is located on a well-known street with a main bus route, high school and museum as just parts of what Douglas Avenue has to offer. Connecting 2 parts of the city, this location is close to many amenities. Ideal for owner occupancy, this property features 2-3 bedroom units with rents of $1600/month, heat and lights included. With a lovely yard, this lot is quite large for a city lot and has had many updates throughout the years. Approximate total income = $38,400. Approximate expenses: Insurance - $2,364, Water/Sewer - $2,892, Electricity - $2,848, Taxes - $4,645 and Heat - $5,471. Approximate total expenses: $18,220. Approximate net income = $20,180. This is a solid 2-family that is worth a look! (id:4069)
Address
377 Douglas Avenue
List Price
$284,900
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Saint John
Floor Area
2,000 Sq. Ft.
Lot Size
8611 Sq. Ft.
MLS® Number
NB146235
Listing Brokerage
Royal LePage Atlantic
Postal Code
E2K1E9
Ownership
Freehold
Features
Level lot, Balcony/Deck/Patio
Appliances
Refrigerator, Stove
Heat Source
Oil
Heat Type
Hot Water
Foundation Details
Concrete
Number Of Floors In Building
2
Water Source
Municipal water
Access To Property
Year-round access, Public Road
Sewer
Municipal sewage system
