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108 Main
Saint John New Brunswick , E2K1H3 , Canada
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Kym Johnston
Agent
Cell: 506.651.5596

Royal LePage Atlantic
Brokerage:
71 PARADISE ROW
Saint John, NB
E2K3H6
Phone: 506.658.6440
Fax: 506.658.1149
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$489,000.00
MLS® NB110187
Investment
Lot Size: 372 Square Metres
Zoning: RC ZONING
Remarks:
Welcome to 108 Main Street NORTH. Whether you're a seasoned investor or just beginning your real estate journey, this 5 Unit building is a rare find with it's blend of steady cash flow, low operating expenses, and growth potential. All 5 apartments are rented providing immediate ca$h flow. With the current rental market trends, there is significant potential for income growth. As leases renew and improvements are made to this property it could yield considerably higher rents over time. There are 5 spacious apartments . consisting of 4-2 bedroom and 1- 3 bedroom. Conveniently located near amenities, hospital, schools , UNB , the Y , transportation, Shamrock Park, and walking distance to the SAINT JOHN RIVER and POWER BOAT CLUB, ensuring consistent rental demand. Income is 60,180 per year , expenses ( excluding mortgage) 12,128 and a NET of 48,052. Gotta love those number$$$ ! Call for your private showing today. 48 Hours notice for showings. NO viewings on Sunday. (id:27)

Property Features:
  • Access Type: Year-round access
  • Equipment Type: Water Heater
  • Features: Corner Site
  • Landscape Features: Partially landscaped
  • Property Type: Multi-family
  • Rental Equipment Type: Water Heater
  • Sewer: Municipal sewage system
Building Features:
  • Basement Type: Crawl space
  • Exterior Finish: Vinyl
  • Fire Protection: Smoke Detectors
  • Heating Type: Baseboard heaters

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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