276 Ellerdale Street Saint John, New Brunswick E2J 2L9

Baseboard Heaters Landscaped


Are you in the market for your next investment property? Well, look no further! This amazing investment opportunity could be exactly what you're looking for. This 12 unit apartment has been fully updated, including all new kitchens, bathrooms, paint, flooring etc., & the roof is only 12 years old. Air exchangers have been installed in some of the units as well. This building has been very well maintained. The exterior has updated siding and an abundance of parking spaces. There are eleven 2 bedroom units and one 1 bedroom unit, resulting in $154,908 of annual income before expenses and approx. $112,427 after expenses. Expenses are as followed: Heating (oil) $16,745, Taxes $15,435, Power $1,788, Water & Sewage $5,312, Insurance $3,200. Rents are as followed: Apt 1 - $900, Apt 2 - $840, Apt 3 - $1150, Apt 4 - $880, Apt 5 - $1065, Apt 6 - $1325, Apt 7 - $935, Apt 8 - $1200, Apt 9 - $1065, Apt 10 -- $1060, Apt 11 - $1064, Apt 12 - $1060. Don't miss out on adding this incredible 12 unit apartment building to your investment portfolio, book your showing today! Showings to begin Thursday April 20-Saturday April 22 from 12pm-4pm. Offers are due Sunday April 23 by 4pm. Oil furnace can easily be converted to Natural Gas,Inexpensive. (id:27750)

Property Details

MLS® Number NB085813
Property Type Multi-family
Equipment Type Other
Rental Equipment Type Other


Appliances Refrigerator, Stove, Washer, Dishwasher, Dryer
Exterior Finish Brick, Vinyl
Heating Fuel Electric, Oil
Heating Type Baseboard Heaters
Roof Material Membrane
Roof Style Unknown
Utility Water Municipal Water


Acreage No
Landscape Features Landscaped
Sewer Municipal Sewage System
Size Irregular 1672
Size Total 1672 M2
Size Total Text 1672 M2



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