145-149 UNION STREET, Saint John, New Brunswick, Canada
Commercial/residential combination building in high traffic area offering 2 store fronts and 6 residential units. Fully occupied! Store fronts rent for $1000 and $650/month. Apt. rents are: Unit 1 - $350, Unit 2 - $550, Unit 3 - $550, Unit 4 - $460, Unit 5 - $500, Unit 6 - $500. Heat and lights (all electric) and hot water rentals included except for Unit 1. Each apt. on its own meter. 6 fridges, 6 stoves. Approx. $65,000 spent in renos, including rebuilt fire escape. City has signed off on the building. Garage could be rented for storage. Minimum of 24 hours notice to tenants for all showings. Square footage of building is approximate and to be confirmed by purchaser, due to irregular shape of building. Rental income: $54,720. Expenses; Insurance: $2743, Water/Sewerage $4300, Garbage: $4080, Total electric (heat and lights): $17,718, Taxes: $3137. Net income: $22,742.
Royal LePage Atlantic Brokerage - Rothesay
- Property Address: 145-149 UNION STREET, Saint John, New Brunswick, Canada
- Property Type: Commercial
- Lot Size: 3810 SQ FT
- Listing Type: Commercial Retail
- Square Footage: 6,300
- Building Age: OLD
- Heating Type: Baseboard Heaters, Electric
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