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Inactive

Guilford Street

Saint John, NB

Removed 4 years ago

02400 sq. ft.

Motivated Seller- Open to Offers!!! This is a great 4 family that is a money maker!! Natural gas heat, spacious units, rents could be higher!! Net income is approx. $25,000. Approx. 10% cap rate and is a good return on your investment! Total rental income $39,000, laundry income $748, taxes $5018, insurance $1369, water/sewer $1230, electricity $2372, lawn care & snow removal $600, heat $4315. Approx. expenses $15,072, approx. net income $24,012. This is a great investment building with low maintenance and is well worth a look! Rents are $1000, 2 at $800, and $650. Motivated out of town sellers open to all offers.Show Description

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Listed by: ROYAL LEPAGE ATLANTIC (S105)

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