242 Germain Street, Saint John
MLS® # NB123330
7-PLEX near the upcoming new school & community park with 6 out of 7 tenants paying own electric, heat, lites and domestic water heating. Welcome home to the South End of Saint John Peninsula with the Atlantic Ocean a short walk away and city center is just up the hill, where the mix of new construction and the nostalgically historic buildings, create an amazing contrast. This 3-Story building is nearby the uptown amenities, recreational facilities, cruise ships, schools and the Irving Oil world wide head office. A 2nd PID on the left side is used for off street parking and a delightful garden for the coffee lovers. Rents: Apt 1, $920, Apt 2, $718, Apt 3, $888, Apt 4, $638, Apt 5, $947, Apt 6, $657, Apt 7, $1064; rents are below market. Rent total about $70,000 with wide ranging potential. Exp: Tax $6,712, Water $5028, Electricity $7,539, Insurance $2,144. (id:6289)