181 Duke St. West Saint John, New Brunswick E2M 1T5
$340,000
Triplex for Sale in Saint John West! This income-producing three-unit property offers a strong addition to any real estate investment portfolio. Located on Saint John's West Side, 181 Duke Street West features three spacious 3-bedroom units with current rents of $1,135/month, $1,450/month, and $1,645/month. Tenants pay their own electricity, helping keep operating costs manageable. Gross annual rental income is $50,760. Based on the April 1, 2024 to March 31, 2025 operating period, annual expenses include property taxes of $4,645, insurance of $2,889.67, maintenance of $2,296.35, electricity of $1,974.14, and water/sewer of $4,284, for total annual expenses of approximately $16,089 and a net operating income of approximately $34,671. The property is serviced by municipal water and sewer and offers a low-maintenance setup for investors looking to expand their holdings. Conveniently located close to Uptown Saint John, shopping, schools, public transit, and major amenities, this is an excellent opportunity to own a well-performing multi-family property in a strong rental area. Whether you're a seasoned investor or looking to purchase your first income property, 181 Duke Street West is worth a closer look. (id:41243)
Property Details
| MLS® Number | NB140357 |
| Property Type | Multi-family |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Appliances | Refrigerator, Stove |
| Basement Type | Crawl Space |
| Exterior Finish | Wood |
| Flooring Type | Tile, Wood |
| Foundation Type | Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 1,000 Sqft |
| Total Finished Area | 1000 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 5005 |
| Size Total | 5005 Sqft |
| Size Total Text | 5005 Sqft |
https://www.realtor.ca/real-estate/29832009/181-duke-st-west-saint-john
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June 02 2026 12:28:23
New Brunswick Real Estate Board
RE/MAX Professionals