Welcome to 5 Main Street! Located in the heart of St.George, this investment property offers spacious units, commercial space and plenty of off-street parking. With electric heat, metal roof and some updates, this building is a good investment property that can be sold with 3 South, 4 Main and 16 Portage for 1 Million dollars. Good solid numbers and is worth a look! Rents are: $525, $565, $600 and $750. (Empty unit when renovated would be approx. $600/mth) Approx. total income-$36,480. Approx. Expenses- Taxes $4467, Insurance $6602, Water/sewer $2140. Approx. total expenses- $13,209. Approx. Net income- $23,271. This is a good investment building that could have higher rents. (id:27750)
MLS® Number | NB082262 |
Property Type | Multi-family |
Equipment Type | Water Heater |
Features | Level Lot |
Rental Equipment Type | Water Heater |
Appliances | Refrigerator, Stove, Washer, Dryer |
Exterior Finish | Vinyl, Wood |
Flooring Type | Carpeted, Laminate |
Foundation Type | Concrete |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Roof Material | Metal |
Roof Style | Unknown |
Stories Total | 3 |
Total Finished Area | 2800 Sqft |
Utility Water | Municipal Water |
Access Type | Year-round Access |
Acreage | No |
Landscape Features | Landscaped |
Sewer | Municipal Sewage System |
Size Irregular | 12841 |
Size Total | 12841 Sqft |
Size Total Text | 12841 Sqft |
https://www.realtor.ca/real-estate/25091288/5-main-street-st-george
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