19 Cedar Street Saint John, New Brunswick E2K 1C8
$550,000
THIS PROPERTY CAN ALSO TO PURCHASED IN A 36 UNIT PORTFOLIO-Great opportunity to add this cashflowing property to your portfolio,with room for more upside in the rents. This 5 unit building has undergone extensive renovation throughout. All units are self-contained for utilities, with all the tenants paying their own heat/electricity & hot water. All new plumbing throughout, electrical upgrades - outside mast was upgraded brand as well & new electrical panels, where needed. all units also had upgrades with Flooring, kitchens, & bathrooms & a large new access deck off the back of the building. Most units have laundry. Rents are unit 1= $650 , Unit 2= $1,075 , Unit 3= $1,175 , Unit 4= $1,050 , Unit 5= $950 This property shows a 6.8% cap rate with numbers provided. All dimensions and numerics are approximate and may be verified by the buyer. Interested buyers may consider buying a whole portfolio consisting of 36 units, located at 260 Douglas Ave 9 plex, 130-132 Broad st 6 plex, 148 Broad st 5 plex , 290 King St.W - 6 unit & 224-230 Britain st. -5 unit plus garage income (id:49203)
Property Details
| MLS® Number | NB145495 |
| Property Type | Multi-family |
| Features | Balcony/deck/patio |
Building
| Appliances | Refrigerator, Stove, Washer, Dryer |
| Basement Type | Crawl Space |
| Exterior Finish | Metal, Vinyl |
| Flooring Type | Laminate, Vinyl |
| Foundation Type | Concrete, Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 4,482 Sqft |
| Total Finished Area | 4482 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 297 |
| Size Total | 297 M2 |
| Size Total Text | 297 M2 |
https://www.realtor.ca/real-estate/30139686/19-cedar-street-saint-john
Contact Us
Contact us for more information
Michael Jackson
Salesperson
www.homesbyjackson.ca/
1020 Rothesay Road
Saint John, New Brunswick E2H 2H8
(506) 642-3948
(506) 642-7770
Milad Debly
Salesperson
655 Main Street
Woodstock, New Brunswick E7M 2C7
(506) 325-2500
(506) 325-2445
































