THIS PROPERTY CAN ALSO TO PURCHASED IN A 36 UNIT PORTFOLIO-Great opportunity to add this cashflowing property to your portfolio,with room for more upside in the rents. This 5 unit building has undergone extensive renovation throughout. All units are self-contained for utilities, with all the tenants paying their own heat/electricity & hot water. All new plumbing throughout, electrical upgrades - outside mast was upgraded brand as well & new electrical panels, where needed. all units also had upgrades with Flooring, kitchens, & bathrooms & a large new access deck off the back of the building. Most units have laundry. Rents are unit 1= $650 , Unit 2= $1,075 , Unit 3= $1,175 , Unit 4= $1,050 , Unit 5= $950 This property shows a 6.8% cap rate with numbers provided. All dimensions and numerics are approximate and may be verified by the buyer. Interested buyers may consider buying a whole portfolio consisting of 36 units, located at 260 Douglas Ave 9 plex, 130-132 Broad st 6 plex, 148 Broad st 5 plex , 290 King St.W - 6 unit & 224-230 Britain st. -5 unit plus garage income (id:374)
| MLS # | NB145495 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 13 |
| Listing Provided By | EXIT Realty Specialists | Michael Jackson |
| SQ Feet | 4,482 |
|---|---|
| Basement | Y |
| Units | 5 |
| Acreage | 0.07 |
| Lot Features | Balcony/Deck/Patio |
|---|
| Tax Annual Amount | 3441.87 |
|---|
| Province | NB |
|---|---|
| City | Saint John |
| Postal Code | E2K1C8 |
| Listing VS Median (in E2K1C8) | |
Price: $550,000 low | high Med: $550,000 sqft: 4,482 low | high Med: 4,482 $ / sqft: $123 low | high Med: $123 On site: 13 low | high Med: 13 | |
| Province | NB |
|---|---|
| City | Saint John |
| Postal Code | E2K1C8 |
| Listing VS Median (in E2K1C8) | |
Price: $550,000 low | high Med: $550,000 sqft: 4,482 low | high Med: 4,482 $ / sqft: $123 low | high Med: $123 On site: 13 low | high Med: 13 | |