Welcome to 325 Main Street! This spacious 5-unit brick building offers low vacancy, electric heat, hardwood floors, solid numbers and is a great investment property. Located close to many amenities this property is on the bus route and is well worth a look! Rents are $802.77, $895, $995, $1098.30 and $1,150. Total rental income = $59,292.84. Approximate expensed are: Taxes - $4,519, Insurance - $3,200, Electricity - $3,200 and water/sewer - $3,500. Approximate Total expenses = $14,419. Approximate net income - $44,873. (id:4069)
Address
325 Main Street
List Price
$450,000
Property Type
Multi-family
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Saint John
Floor Area
4,860 Sq. Ft.
Lot Size
2325 Sq. Ft.
MLS® Number
NB142864
Listing Brokerage
Royal LePage Atlantic
Basement Area
Full
Postal Code
E2K1H7
Ownership
Freehold
Appliances
Refrigerator, Stove
Heat Source
Electric
Heat Type
Baseboard heaters
Foundation Details
Concrete
Number Of Floors In Building
3
Water Source
Municipal water
Access To Property
Year-round access, Public Road
Sewer
Municipal sewage system
