325 Main Street Saint John, New Brunswick E2K 1H7
$512,000
At a cap rate of around 7, this 5-Plex is sure to make cashflow a reality. Located in the commercial section of Main St, this brick building has a newer electrical entrance (see picture) and the heating system was converted to electric, so tenants pay own heat, lights and hot water; say goodbye to oil, natural gas, propane, furnaces and waiting for service technicians. And, how about the buzzing multi-million dollar Shamrock park for soccer, tennis etc, being a walking distance from the building!. Rents: Apt 325-1 $810, apt 325-2 $954, apt 325-3 $1,050, apt 325.5-1 $720, apt 325.5-2 $779. Tax $4,551, electric $240, water $4,000, insurance $3,000, garbage $1,345. (id:42550)
Property Details
| MLS® Number | NB115046 |
| Property Type | Multi-family |
Building
| Exterior Finish | Brick |
| Flooring Type | Ceramic, Laminate, Wood |
| Foundation Type | Concrete, Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Total Finished Area | 4860 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 2325 |
| Size Total | 2325 Sqft |
| Size Total Text | 2325 Sqft |
https://www.realtor.ca/real-estate/28088451/325-main-street-saint-john
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April 11 2025 12:56:57
Saint John Real Estate Board Inc
Century 21 All Seasons Realty