$279,900

House For Sale In Douglas Avenue, Saint John, New Brunswick

$279,900

Property Information:

Sweet 3 unit building in the North Side of Saint John on Great Street. There has been some work over the last 5 years with a live-in family member. Main Floor in a large 3 Bedroom unit, Rent could be $1650 plus Power, Two bedroom unit is $1250 plus Power, One Bedroom unit is $695 plus Power - ATTENTION: Tenants Pay the OIL BILL, it is broke up with the 3 bedroom paying 50%, the 2 bedroom paying 30%, and the 1 bedroom paying 20% of the monthly Oil Bill. The cost of the Oil bill for 2024 was $5557 and paid by tenants. Expenses - Tax $4970, Water $1722, Insurance $950, Parking $720 ( Land where cars are parked not Owned with the building ) Total Income $43140 (if all units are occupied), Total Expenses $8362 = NET: $34508Parking on the left side of the building with a portion of the land NOT owned but leased for $720 a year. WE ARE NOT HOLDING OFFERS. OFFERS WILL BE REVIEWED IF/WHEN OFFERS ARE RECEIVED.

Building Features:

  • Total Finished Area: 2700 Square Feet

Property Features:

  • Exterior: Aluminum
  • Flooring: Hardwood, Laminate, Vinyl
  • Foundation Basement: Concrete
  • Heating Cooling: Oil
  • Property Size: Under 0.5 Acres
  • Roof: Tar & Gravel
  • Title To Land: Freehold
  • Water: Municipal

Courtesy of: RE/MAX Professionals

Data provided by: Greater Moncton REALTORS® du Grand Moncton 541 St. George Blvd., Moncton, New Brunswick E1E 2B6
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