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$ 810,000
Est. payment /mo
Price Dropped by $15K
290 King St W Saint John, NB E5K3W7
6,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 6200
Square Footage 6,200 sqft
Price per Sqft $130
MLS® Listing ID NB137153
Lot Size 5,048 Sqft
Acres 0.115892425
Property Sub-Type Freehold
Property Description
This 6 Unit will give any investor a Great opportunity to expand your portfolio. This property is located on the West side of Saint Jonn, next door to the Fire Station, a Tim Hortons, just across the street, and giving access to the highway. This building has gone through extensive renovation on the inside, with all new electrical installed throughout, top to bottom including upgrades to the mast. All Units have owned tankless water heaters, keeping expenses down! Some units are rented below market value, and could be increased. Electric baseboard heating.. all tenants pay their own heat and lights & hot water. There is ample off st. parking, with on street parking as well. The building consists of 2-1 bedrooms, 3-2 bedrooms- 1-3 bedrooms. Rents are as follows:Unit 1= $1,395 per month, Unit 2= $995 , Unit 3= $1,045 , Unit 4= $995 , Unit 5= $1,325 & Unit 6= $1,295 This property shows a cap rate of 7.7% with financials provided. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Laminate, Vinyl
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold






