17
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$554,000
Est. payment /mo
2,800 SqFt
New
607-609 Ready Saint John, NB E2M3S4
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $197
MLS® Listing ID NB129524
Lot Size 9,495 Sqft
Acres 9495.0
Property Sub-Type Freehold
Source New Brunswick Real Estate Board
Property Description
CAP RATE of about 7. This 4-Plex with tenants paying heat, lights and water heating is the optimal setup!. The bldg is in a popular West Side location, across from Moosehead Brewery, just below Main st and just above the busy commercial landscape of Fairville Blvd. Ample Off street parking, easy access to highway east and west exits, laundry hook-ups, elec heat, each unit with a private meter entrance, and last but not least, a spacious backyard offering kids a safe haven to play. Check out the numbers ; rents: apt 607, $1,600 (4 bedr), $1648 next June, apt 609, $1,605 (4 bedr), $1653 next Feb, apt 609.5, $830 (2 bedr), $854 next Feb, and apt 607.5, $665 (1 bedr), $684 next Feb, for a yearly total of $56,400 currently; expenses: 2025 prop tax $4,098, 2024 water $2,414, 2024 HW tanks rental $707, current insurance $1,735, garbage (by City). And with such a huge lot of 9495 sqft, you may inquire with the City about adding more units. All info and measurements to be verified by purchaser prior to closing. (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
Others
Ownership Freehold
Listed by Century 21 All Seasons Realty
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