79 Summer Street, Saint John

$695,000

0 Beds
0 Baths
9,800 Sqft
.28 Acres

Welcome to 79 Summer Street! Conveniently located near the bus route with easy highway access, this 5-unit building offers excellent investment potential with very low vacancy. The property features electric heat, good-sized units, plenty of off-street parking, and solid financials. Situated on a quiet street, the building has seen many recent updates and is well worth a look! Current rents: $1,000, $1,200, $1,250, $1,395, and $1,865. Total rental income: $80,520 annually. Approximate expenses: Insurance: $3,511 Heat/Electricity: $15,024 Water/Sewer: $2,986 Property Taxes: $7,332 Snow Removal: $740. Total Approximate Expenses: $29,593 Approximate Net Income: $50,927 (id:6289)

Essential Information
Listing #NB118865
Price$695,000
Bathrooms0.00
Square Footage9,800
Acres0.28
TypeMulti-family
Sub-TypeFreehold
Community Information
Address79 Summer Street
CitySaint John
ProvinceNew Brunswick
Postal CodeE2K3Y1
Amenities
FeaturesLevel lot
Interior
CoolingHeat Pump
Appliances

Refrigerator, Microwave, Stove, Washer, Dishwasher, Dryer

Heating

Electric Baseboard heaters, Heat Pump

Exterior
ExteriorVinyl, Wood
Exterior FeaturesLandscaped
FoundationConcrete
Listing Details
OfficeRoyal LePage Atlantic

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