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$ 475,000
Est. payment | /mo
2,325 Sqft Lot
$ 475,000
Est. payment | /mo
2,325 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB115046
Lot Size 2,325 Sqft
Acres 2325.0
Source New Brunswick Real Estate Board
Property Description
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 $1,200 (VACANT SO YOU CAN SET THE RENT), apt 325-3 $1,050, apt 325.5-1 $1,000 (VACANT SO YOU CAN SET THE RENT), apt 325.5-2 $779. Tax $4,551, electric $240, water $4,000, insurance $3,000, garbage $1,345. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Ceramic, Laminate, Wood
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Listed by Century 21 All Seasons Realty