Welcome to 89 Adelaide Street! With solid numbers, this 6-unit building offers good sized units, and has plenty to offer. On the bus route, close to many amenities, and has some long-term tenants. There is a coin-op laundry and has a low vacancy rate. Rents are: 4 @ $1004, $1150, and $1010. Total rental income: $74,112 Laundry income-$1200. Approx. expenses: insurance-$2544, snow removal-$487, heat-$5580, water/sewar-$3542, electricity- $2459, and taxes-$4058. Approx. total expenses- $18,670. Approx. net income- $55,442 (id:4069)
Address
89 Adelaide Street
List Price
$589,500
Property Type
Multi-family
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Saint John
Floor Area
3,000 Sq. Ft.
Lot Size
4004 Sq. Ft.
MLS® Number
NB141455
Listing Brokerage
Royal LePage Atlantic
Basement Area
Crawl space
Postal Code
E2K1W6
Ownership
Freehold
Features
Level lot
Appliances
Refrigerator, Stove, Washer, Dryer
Heat Source
Natural gas
Heat Type
Hot Water
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
