Welcome 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:4069)
Address
93-95 Elliott Row
List Price
$750,000
Property Type
Multi-family
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Saint John
Floor Area
3,800 Sq. Ft.
Lot Size
4973 Sq. Ft.
MLS® Number
NB149772
Listing Brokerage
Royal LePage Atlantic
Postal Code
E2L1C8
Ownership
Freehold
Features
Level lot
Appliances
Refrigerator, Stove, Washer, Dryer
Heat Source
Electric
Heat Type
Baseboard heaters
Foundation Details
Concrete
Number Of Floors In Building
3
Water Source
Municipal water
Access To Property
Year-round access, Public Road
Sewer
Municipal sewage system
