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5 Main Street St. George, New Brunswick E5C 3H9

Baseboard Heaters Landscaped

$300,000

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)

Property Details

MLS® Number NB082262
Property Type Multi-family
Equipment Type Water Heater
Features Level Lot
Rental Equipment Type Water Heater

Building

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

Land

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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