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500 Douglas Avenue Saint John, New Brunswick E2K 1E7

Hot Water Landscaped

$395,000

Welcome to 500 Douglas Ave. This package of 5 Condos offers 4x 2 bedroom units and 1x 1 bedroom units with hardwood floors, water views, bright unit, low vacancy and close to many amenities. This investment package offers good numbers, and each unit can be sold separately if the new purchaser would like to buy and sell the units individually. Rents are 1Bed - $650 and 2Bed - 3 @ $750 & $850. Total rental income is $45,000. Expenses - condo fees $18,738; taxes $3593. Total expenses $22,331, Approx. Net Income $22,669 (id:35613)

Property Details

MLS® Number NB069000
Property Type Multi-family
Equipment Type None
Features Level Lot
Rental Equipment Type None

Building

Appliances Refrigerator, Stove
Exterior Finish Vinyl, Wood
Fireplace Present No
Flooring Type Wood
Foundation Type Concrete
Heating Type Hot Water
Roof Material Other
Roof Style Unknown
Stories Total 3
Total Finished Area 3300 Sqft
Utility Water Municipal Water

Land

Access Type Year-round Access
Acreage No
Landscape Features Landscaped
Sewer Municipal Sewage System

https://www.realtor.ca/real-estate/24066665/500-douglas-avenue-saint-john