Saint John, NB E2K3Y1 79 Summer Street
$695,000
18 more
Presented By: Royal LePage Atlantic
SQFT • 9,800
Home Details
Welcome to 79 Summer Street! Conveniently located near the bus route with easy highway access, this 5-unit building offers excellent investment potential with very low vacancy. The property features electric heat, good-sized units, plenty of off-street parking, and solid financials. Situated on a quiet street, the building has seen many recent updates and is well worth a look! Current rents: $1,000, $1,200, $1,250, $1,395, and $1,865. Total rental income: $80,520 annually. Approximate expenses: Insurance: $3,511 Heat/Electricity: $15,024 Water/Sewer: $2,986 Property Taxes: $7,332 Snow Removal: $740. Total Approximate Expenses: $29,593 Approximate Net Income: $50,927 (id:7434)
Presented By: Royal LePage Atlantic
Interior Features for 79 Summer Street
Bedrooms
Bedrooms
Other Interior Features
Building Fireplace PresentFalse
Building Heating FuelElectric
Building Heating TypeBaseboard heaters, Heat Pump
Flooring TypeLaminate, Vinyl, Wood
Living Area Range9800
General for 79 Summer Street
Building AppliancesRefrigerator, Microwave, Stove, Washer, Dishwasher, Dryer
Building Cooling TypeHeat Pump
FeaturesLevel lot
Foundation TypeConcrete
Location DescriptionOff Winter Street
Ownership TypeFreehold
Property TypeMulti-family
Exterior for 79 Summer Street
Acreage0.280211202467
Exterior FinishVinyl, Wood
Landscape FeaturesLandscaped
SewerMunicipal sewage system
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty