Property Address: 155 Adelaide St, Saint John, NB, E2K1W9
Average square foot calculated using Size range provided by listing agent.
Description
Great investmentment opportunity with all four tenants paying their own heat and lights, with full occupancy, with many newer updates within the last year including a new roof covering, some windows, new kitchen and bathroom in one of the units and another unit freshly painted with cosmetic updates , flooring etc.. Property is located in the North end, close to bus stops and walking distance to many amenities. Rents are $1200, $1000, $927 & $901.75 per month. Expenses: Property tax $3610, Insurance $2, 445, Electricity $927, water/sewer $1740 giving a strong cap rate of 10.1% (id:58753)Show Description