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108 Main
Saint John New Brunswick E2K1H3 Canada

$489,000

Active Listing ID NB110187
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Multi-family

$489,000

Active Listing ID NB110187
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108 Main Welcome to 108 Main Street NORTH. Whether you're a seasoned investor or just beginning your real estate journey, this 5 Unit building is a rare find with it's blend of steady cash flow, low operating expenses, and growth potential. All 5 apartments are rented providing immediate ca$h flow. With the current rental market trends, there is significant potential for income growth. As leases renew and improvements are made to this property it could yield considerably higher rents over time. There are 5 spacious apartments . consisting of 4-2 bedroom and 1- 3 bedroom. Conveniently located near amenities, hospital, schools , UNB , the Y , transportation, Shamrock Park, and walking distance to the SAINT JOHN RIVER and POWER BOAT CLUB, ensuring consistent rental demand. Income is 60, 180 per year , expenses ( excluding mortgage) 12, 128 and a NET of 48, 052. Gotta love those number$$$ ! Call for your private showing today. 48 Hours notice for showings. NO viewings on Sunday. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Exterior Finish: Vinyl
  • Heating Systems: Baseboard heaters
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 12/12/2024 7:20:40 PM GMT
Source Updated Date: 12/21/2024 11:34:56 PM GMT

Courtesy of: Kym Johnston, Salesperson, ROYAL LEPAGE ATLANTIC