Welcome to 306 Main Street! This spacious 4-unit offers electric baseboard heating, a nice backyard, is close to many amenities, and has low vacancy. This building is a solid investment with good numbers. Rents are low and are $520, $795, and 2 at $925/month. Total rental income - $37,980. Approximately expenses are: Electricity-$1800, Water/Sewer-$2800 Insurance-$1600 & Taxes-4693 Approx. total expenses-$10,893. Approx. net income-$27,087. This building has had many updates throughout the years including the roof and consists of 1-1 Bedroom unit, 1-2 Bedroom Unit, 1-3 Bedroom unit, and 1-4 Bedroom unit. This is a great investment property that is worth a look! (id:27750)
MLS® Number | NB098419 |
Property Type | Multi-family |
Equipment Type | Heat Pump, Water Heater |
Features | Level Lot |
Rental Equipment Type | Heat Pump, Water Heater |
Appliances | Refrigerator, Stove |
Exterior Finish | Other |
Flooring Type | Carpeted, Laminate |
Foundation Type | Concrete |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Roof Material | Membrane |
Roof Style | Unknown |
Stories Total | 3 |
Total Finished Area | 3000 Sqft |
Type | Fourplex |
Utility Water | Municipal Water |
Access Type | Year-round Access |
Acreage | No |
Sewer | Municipal Sewage System |
Size Irregular | 3003 |
Size Total | 3003 Sqft |
Size Total Text | 3003 Sqft |
https://www.realtor.ca/real-estate/26802345/306-main-street-saint-john
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