19 Cedar StreetSaint John, NB E2K 1C8
Description
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:31684)
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Living area
- 4,482 Sq Ft
- Lot dimensions
- 297
- Ownership
- Freehold
- Listing #
- NB145495
Property Features
- Exterior
- Balcony
- Appliances
- Cooktop · Washer · Refrigerator · Dryer
- Heating
- Baseboard · Electric
- Flooring
- Laminate · Vinyl
- Basement
- Crawl Space
- Construction
- Metal Siding · Vinyl Siding
- Foundation
- Stone
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- Annual taxes
- $3,442
- Parcel number
- 00377374
Directions
Take main St. and turn left onto Cerdar St.
Listing Courtesy: EXIT Realty Specialists
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