19 Cedar Street Saint John, New Brunswick E2K 1C8

$649,000

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. (id:27750)

Property Details

MLS® Number	NB137134
Property Type	Multi-family
Features	Balcony/deck/patio

Building

Appliances	Refrigerator, Stove, Washer, Dryer
Basement Type	Crawl Space
Exterior Finish	Metal, Vinyl
Flooring Type	Laminate, Vinyl
Foundation Type	Concrete, Stone
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Size Interior	4,482 Ft2
Total Finished Area	4482 Sqft
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Municipal Sewage System
Size Irregular	297
Size Total	297 M2
Size Total Text	297 M2

https://www.realtor.ca/real-estate/29659529/19-cedar-street-saint-john