$ 265.000

194 196 Tower Street, Saint John

10 Photos

194 196 Tower Street, Saint John, NB E2M1Z2 Photo 2

194 196 Tower Street, Saint John, NB E2M1Z2 Photo 3

194 196 Tower Street, Saint John, NB E2M1Z2 Photo 4

194 196 Tower Street, Saint John, NB E2M1Z2 Photo 5

194 196 Tower Street, Saint John, NB E2M1Z2 Photo 6

194 196 Tower Street, Saint John, NB E2M1Z2 Photo 7

MLS®: nb097451
Type: Duplex

Added: 21 days ago

Property Details

Welcome to 194-196 Tower St, a multi-unit property offering excellent investment potential. This property comprises two units, both featuring three bedrooms and one bath. Unit 194 is currently leased for $1350 per month, while unit 196 commands a rental rate of $1150 per month. With a combined monthly income of $2500, this property presents a lucrative opportunity for steady cash flow. Moreover, the adjacent building is also available for sale, making it a perfect investment opportunity for those seeking to expand their portfolio. Don't miss out on this exceptional chance to secure a valuable asset. (id:1945)

Best Mortgage Rates

Property Information

Roof: Membrane, Unknown
Sewer: Municipal sewage system
Heating: Electric
Stories: 2
Year Built: 1960
Appliances: Refrigerator, Stove
Photos Count: 10
Water Source: Municipal water
Lot Size Units: square meters
Parcel Number: 00364703
Structure Type: Duplex
Tax Annual Amount: 3085.08
Exterior Features: Vinyl
Foundation Details: Concrete
Lot Size Dimensions: 465
Number Of Units Total: 2
Above Grade Finished Area: 3250
Above Grade Finished Area Units: square feet

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Nearby Places

Name	Type	Address	Distance
1877 Great Fire of Saint John, New Brunswick	It destroyed two-fifths of the city of Saint John....		0.3 km
Tim Hortons	Cafe	265 King St W	0.5 km
Carleton Martello Tower	The tower dates from the War of 1812 and played a ...		0.6 km
Carleton Martello Tower National Historic Park	Establishment	454 Whipple St	0.6 km
Fort Menagoueche	John River, New Brunswick, Canada...		0.9 km
Saint John Harbour Bridge	It opened in 1968....		1.1 km
Saint John River (Bay of Fundy)	state of Maine...		1.2 km
Reversing Falls Bridge	It carries New Brunswick Route 100 (Bridge Road) a...		1.2 km
Navy Island (Saint John)	For centuries, Navy Island existed as a narrow, ov...		1.2 km
Reversing Falls Railway Bridge	The original bridge was constructed in 1885 immedi...		1.2 km
The Falls Restaurant	Restaurant	200 Bridge Rd	1.3 km
Harbour View High School	There are 906 (as of 2014-15) students attending g...		1.4 km

Similar Duplexs Stat in Saint John

We have found 3 Duplex that closely match the specifications of the property located at 194 196 Tower Street with distances ranging from 2 to 5 kilometers away. The prices for these similar properties vary between 199,000 and 279,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Duplex in the E2M1Z2 postal code area of Saint John New Brunswick Canada.

194 196 Tower Street mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 194 196 Tower Street. The current price of the property is $265,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $212,000. This would result in a monthly mortgage payment of $1,239 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	10
College	25

Neighbourhood Marital Status Stat

Married	90
Widowed	10
Divorced	15
Separated	5
Never married	70
Living common law	30
Married or living common law	120
Not married and not living common law	105

Neighbourhood Construction Date

1961 to 1980	10
1960 or before	100

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