At a cap rate of around 7, this 5-Plex is sure to make cashflow a reality. Located in the commercial section of Main St, this brick building has a newer electrical entrance (see picture) and the heating system was converted to electric, so tenants pay own heat, lights and hot water; say goodbye to oil, natural gas, propane, furnaces and waiting for service technicians. And, how about the buzzing multi-million dollar Shamrock park for soccer, tennis etc, being a walking distance from the building!. Rents: Apt 325-1 $810, apt 325-2 $954, apt 325-3 $1,050, apt 325.5-1 $720, apt 325.5-2 $779. Tax $4,551, electric $240, water $4,000, insurance $3,000, garbage $1,345. (id:55272)
MLS® Number | NB115046 |
Property Type | Multi-family |
ExteriorFinish | Brick |
FlooringType | Ceramic, Laminate, Wood |
FoundationType | Concrete, Stone |
HeatingFuel | Electric |
HeatingType | Baseboard Heaters |
TotalFinishedArea | 4860 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
SizeIrregular | 2325 |
SizeTotal | 2325 Sqft |
SizeTotalText | 2325 Sqft |
https://www.realtor.ca/real-estate/28088451/325-main-street-saint-john
Contact us for more information
Milad Debly
Salesperson