THIS PROPERTY CAN ALSO TO PURCHASED IN A 36 UNIT PORTFOLIO-Great opportunity to add this cashflowing property to your portfolio,with room for more upside in the rents. This 5 unit building has undergone extensive renovation throughout. All units are self-contained for utilities, with all the tenants paying their own heat/electricity & hot water. All new plumbing throughout, electrical upgrades - outside mast was upgraded brand as well & new electrical panels, where needed. all units also had upgrades with Flooring, kitchens, & bathrooms & a large new access deck off the back of the building. Most units have laundry. Rents are unit 1= $650 , Unit 2= $1,075 , Unit 3= $1,175 , Unit 4= $1,050 , Unit 5= $950 This property shows a 6.8% cap rate with numbers provided. All dimensions and numerics are approximate and may be verified by the buyer. Interested buyers may consider buying a whole portfolio consisting of 36 units, located at 260 Douglas Ave 9 plex, 130-132 Broad st 6 plex, 148 Broad st 5 plex , 290 King St.W - 6 unit & 224-230 Britain st. -5 unit plus garage income (id:4069)
Address
19 Cedar Street
List Price
$550,000
Property Type
Multi-family
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Saint John
Floor Area
4,482 Sq. Ft.
Lot Size
297 Sq. Ft.
MLS® Number
NB145495
Listing Brokerage
EXIT Realty Specialists
| Century 21 All Seasons Realty
Basement Area
Crawl space
Postal Code
E2K1C8
Ownership
Freehold
Features
Balcony/Deck/Patio
Appliances
Refrigerator, Stove, Washer, Dryer
Heat Source
Electric
Heat Type
Baseboard heaters
Foundation Details
Concrete, Stone
Water Source
Municipal water
Sewer
Municipal sewage system
