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127-129 Broad Street, Saint John, New Brunswick

127-129 Broad Street, Saint John, New Brunswick (ID SJ180554)
Listing Representative
Tim Somerville portrait
Tim Somerville
Sales Representative
Royal LePage Atlantic Brokerage - Saint John
Cell: 506-333-6331
Tel: 506-693-6331

$219,900 - For Sale

ID#:SJ180554

This is a spacious 7-unit building with electric heat! Tenants can pay own heat/lights! Rents are 2 x $510., $535., $550., $585., $600. Property has an extra lot! On bus route, priced below assessed value and shows well! Modified roof, two 3 bdrm units, four 2 bdrm units, and one 1 bdrm unit. Total rental income - $39,480.00, Insurance - $ 3000.00, Water/Sewer - $3500.00, Electricity - $8,029.00 and Taxes - $7,523.00 Approx. Expenses - $22,052.00 Approx. Net Income - $ 17,377.00. Good cap rate, this is a solid investment building that is worth a look!

Property Details
  • Property Address:127-129 Broad Street, Saint John, New Brunswick
  • Property Type:Multi Family
  • Taxes:$7,523 (2019)
Structure Details for 127-129 Broad Street, Saint John, New Brunswick
  • Structure Type:5 - 8 Units
  • Square Footage:3200 SqFt
  • Exterior Type:Masonite/Colour Lock
Listing Representative for 127-129 Broad Street, Saint John, New Brunswick
Tim Somerville portrait
Tim Somerville
Sales Representative
Royal LePage Atlantic Brokerage - Saint John
Cell: 506-333-6331
Tel: 506-693-6331
Request Information
Mortgage Calculator Inputs
Mortgage Calculator Results
Note: All calculations for informational purposes only, and should be verified.
Get Pre-Approved

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127-129 Broad Street, Saint John, New Brunswick

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