183 Main Street Saint John, New Brunswick E2K 1H7
$340,000
Check out this 3 storey, 8 Unit Multi Family Rental located at 183 Main Street/8 Elgin Street in Saint John, NB (2 addresses, same PID, must be sold together). 8 Elgin street has 2 units, a 3 bedroom and a 4 bedroom unit. The 4 bedroom unit rents for $880 w/ tenant of 5+ years, available parking and laundry hook-ups. The 3 bedroom unit is empty but will rent for $1250, available parking and laundry hookups. Oil - $6000, Tennant Power - $2040, Building Power - $1800, Water - $1500, Insurance - $1665 (Insurance is high due to no insurance for 10+ years, should come down next year). 2083 SQFT. Oil tank in basement, 6 years old, double lined. Annual rental income = $25,560. 183 Main Street has 6 units, one 1 bedroom unit and five 2 bedroom units. Apt 1 (1 bedroom) rents for $740 w/ tenant of 10+ years, Apt. 2 (2 bedroom) rents for $740 w/ tenant of 10+ years, Apt 3 (2 bedroom) rents for $880 w/ a tenant of 10+ years, Apt 4 (2 bedroom) is empty but will rent for $1050, Apt 5 (2 bedroom) rents for $840 w/ a tenant of 5+ years, Apt 6 is empty but will rent for $1150. Tenant power - $15600, Water - $3000, Taxes - $2874.23, Building Power - $1500, Garbage - $500, Insurance - $3330 (insurance is high due to no insurance for 10+ years, should go down next year). 5700 SQFT. Annual rental income = $64,800 ALL TENANTS ARE MONTH-MONTH. (id:35613)
Property Details
| MLS® Number | NB074148 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Exterior Finish | Vinyl |
| Heating Fuel | Electric, Oil |
| Heating Type | Hot Water |
| Roof Material | Tar & Gravel |
| Roof Style | Unknown |
| Total Finished Area | 7738 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 6049.32 |
| Size Total | 6049.32 Sqft |
| Size Total Text | 6049.32 Sqft |
https://www.realtor.ca/real-estate/24537868/183-main-street-saint-john
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December 19 2022 03:50:27
Saint John Real Estate Board Inc
RE/MAX Professionals Saint John Inc.