19 Cedar Street, Saint John, New Brunswick E2K 1C8

Listed for:
$550,000
0 beds
0 baths
Listed 8 days ago
19 Cedar Street, Saint John, New Brunswick E2K 1C8

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About

Take main St. and turn left onto Cerdar St. 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:27476)

Property Highlights

MLS® Number
NB145495
Type
Multi-family
Ownership Type
Freehold
Land Size
297 m2

Building

Square Footage
4482 sqft
Exterior Finish
Metal, Vinyl
Fireplace Present
No
Basement Type
Crawl space
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
EXIT Realty Specialists
MLS® number:
NB145495
Agent:
Michael Jackson
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