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306 Main Street Saint John, New Brunswick E2K 1H9

Baseboard Heaters

$337,077

Welcome to 306 Main Street! This spacious 4-unit offers electric baseboard heating, a nice backyard, is close to many amenities, and has low vacancy. This building is a solid investment with good numbers and is one of the few available investment properties under $85K/door. Rents are low and are $520, $795, and 2 at $925/month. Total rental income - $37,980. Approximately expenses are: Electricity-$1800, Water/Sewer-$2800 Insurance-$1600 & Taxes-4693 Approx. total expenses-$10,893. Approx. net income-$27,087. This building has had many updates throughout the years including the roof (2022) and consists of 1-1 Bedroom unit, 1-2 Bedroom Unit, 1-3 Bedroom unit, and 1-4 Bedroom unit. This is a great investment property that is worth a look! (id:36436)

Property Details

MLS® Number NB098419
Property Type Multi-family
Equipment Type Heat Pump, Water Heater
Features Level Lot
Rental Equipment Type Heat Pump, Water Heater

Building

Appliances Refrigerator, Stove
Exterior Finish Other
Fireplace Present No
Flooring Type Carpeted, Laminate
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Roof Material Membrane
Roof Style Unknown
Stories Total 3
Total Finished Area 3000 Sqft
Type Fourplex
Utility Water Municipal Water

Land

Access Type Year-round Access
Acreage No
Sewer Municipal Sewage System
Size Irregular 3003
Size Total 3003 Sqft
Size Total Text 3003 Sqft

https://www.realtor.ca/real-estate/26802345/306-main-street-saint-john

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Tim Somerville
Salesperson

(506) 333-6331
(506) 658-1149
timsomerville.com/
www.facebook.com/RoyalLepageTimSomerville
www.linkedin.com/in/tim-somerville-51324860?authType=name&authToken=6M7l&trk=api*a115291*s123774*

Royal LePage Atlantic
71 Paradise Row
Saint John, New Brunswick E2K 3H6

(506) 658-6440
(506) 658-1149
royallepageatlantic.com/

Michael Dempsey
Salesperson

(506) 435-1896

Royal LePage Atlantic
71 Paradise Row
Saint John, New Brunswick E2K 3H6

(506) 658-6440
(506) 658-1149
royallepageatlantic.com/

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