New ListingWelcome to 9395 Elliott Row! This beautifully renovated 6-unit building in uptown Saint John is a fantastic investment opportunity. Featuring three bachelor units, one 1-bedroom unit, and two 2-bedroom units, the property offers spacious units, electric heat, and some off-street parking. With extensive renovations throughout, this property generates approximately $87,240 in annual rental income, with estimated net income of $71,300. Conveniently located close to all uptown amenities, this is a solid investment worth a closer look! Rents are currently - 2@ $995, $1025, $1195, $1395 and $1665. Approx. expenses are: Insurance - $2956, water/sewer - $2144, Taxes - $6740 and electricity - $4100. Approx total expenses -$15,940. Approx Net Income - $71,300. (id:13843)
| MLS # | NB149772 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 6 |
| Listing Provided By | Royal LePage Atlantic | Tim Somerville |
| SQ Feet | 3,800 |
|---|---|
| Story(s) | 3 |
| Units | 6 |
| Acreage | 0.11 |
| Heating | Baseboard heaters, Electric |
|---|---|
| Appliances | Washer, Refrigerator, Stove, Dryer |
| Fireplace Yes / No | No |
| Lot Features | Level lot |
|---|---|
| Foundation Details | Concrete |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 6740 |
|---|
| Province | NB |
|---|---|
| City | Saint John |
| Postal Code | E2L1C8 |
| Listing VS Median (in E2L1C8) | |
Price: $750,000 low | high Med: $750,000 sqft: 3,800 low | high Med: 3,800 $ / sqft: $197 low | high Med: $197 On site: 6 low | high Med: 6 | |
| Province | NB |
|---|---|
| City | Saint John |
| Postal Code | E2L1C8 |
| Listing VS Median (in E2L1C8) | |
Price: $750,000 low | high Med: $750,000 sqft: 3,800 low | high Med: 3,800 $ / sqft: $197 low | high Med: $197 On site: 6 low | high Med: 6 | |