Welcome to 55-57 Broadway Avenue! Situated east, this 4-family is on the bus route, is close to many amenities and has easy access to the highway. This 4-unit has plenty of off street parking is on a 1/4 acre lot. With good sized units, electric heat and some long-term tenants, this is a solid investment building that is well worth a look. Rents are $907.53, $995, $1025 and $1220. Total rental income: $49,770. Laundry Income: $840. Approx. expenses are: Snow: $840, Electricity: $2908 Water/Sewer: 1404, Insurance: $2233 and Taxes: $5627. Approx. total expenses - $13,012. Approx. Net Income: $37,598 (id:4069)
Address
55-57 Broadway Avenue
List Price
$400,000
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Saint John
Floor Area
2,500 Sq. Ft.
Lot Size
11688 Sq. Ft.
MLS® Number
NB136758
Listing Brokerage
Royal LePage Atlantic
Basement Area
Crawl space
Postal Code
E2H1Z9
Ownership
Freehold
Features
Level lot
Appliances
Refrigerator, Stove, Washer, Dryer
Heat Source
Electric
Heat Type
Baseboard heaters
Foundation Details
Concrete
Other Structures
Shed
Number Of Floors In Building
2
Water Source
Municipal water
Access To Property
Year-round access, Public Road
Sewer
Municipal sewage system
