19 Cedar Street
Saint John, New Brunswick
MLS® NB145495
$559,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- NB145495
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 31Listing description
THIS PROPERTY CAN ALSO TO PURCHASED IN A 36 UNIT PORTFOLIO-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. All dimensions and numerics are approximate and may be verified by the buyer.
Interested buyers may consider buying a whole portfolio consisting of 36 units, located at 260 Douglas Ave 9 plex, 130-132 Broad st 6 plex, 148 Broad st 5 plex , 290 King St. W - 6 unit & 224-230 Britain st. -5 unit plus garage income
Property summary
- MLS® number
- NB145495
- Property type
- Multi-family
- Square footage
- 4,482 sq ft
- Title
- Freehold
- Land size
- 297 square meters
- Annual property taxes
- $3,441.87
- Days on market
- 37 days
Features & details
- Heating
- Baseboard heaters, Electric
- Basement
- Crawl space
- Flooring
- Laminate, Vinyl
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Exterior features
- Vinyl, Metal
- Lot features
- Balcony/Deck/Patio
What would this home cost you?
Based on the $559,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXIT Realty Specialists, Saint John.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.