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19 Cedar Street Saint John, New Brunswick E2K 1C8

4482 sqft
Baseboard Heaters

$649,000

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. (id:55272)

Property Details

MLS® Number NB137134
Property Type Multi-family
Features Balcony/deck/patio

Building

Appliances Refrigerator, Stove, Washer, Dryer
BasementType Crawl Space
ExteriorFinish Metal, Vinyl
FlooringType Laminate, Vinyl
FoundationType Concrete, Stone
HeatingFuel Electric
HeatingType Baseboard Heaters
SizeInterior 4482 Sqft
TotalFinishedArea 4482 Sqft
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeIrregular 297
SizeTotal 297 M2
SizeTotalText 297 M2

https://www.realtor.ca/real-estate/29659529/19-cedar-street-saint-john

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Michael Jackson
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Exit Realty Specialists
1020 Rothesay Road
Saint John, New Brunswick E2H 2H8

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