Property Details

183 Main Street, Saint John, New Brunswick, E2K1H7

183 Main Street, Saint John, New Brunswick, E2K1H7 (ID NB074148)
Representative
Jane Higgins MacDonald portrait
Jane Higgins MacDonald
Sales Representative
RE/MAX Professionals Saint John Inc., Brokerage
Cell: 506-650-4412
Tel: 506-634-8200

$340,000 - For sale

ID#:NB074148

Check out this 3 storey, 8 Unit Multi Family Rental located at 183 Main Street/8 Elgin Street in Saint John, NB (2 addresses, same PID, must be sold together). 8 Elgin street has 2 units, a 3 bedroom and a 4 bedroom unit. The 4 bedroom unit rents for $880 w/ tenant of 5+ years, available parking and laundry hook-ups. The 3 bedroom unit is empty but will rent for $1250, available parking and laundry hookups. Oil - $6000, Tennant Power - $2040, Building Power - $1800, Water - $1500, Insurance - $1665 (Insurance is high due to no insurance for 10+ years, should come down next year). 2083 SQFT. Oil tank in basement, 6 years old, double lined. Annual rental income = $25,560. 183 Main Street has 6 units, one 1 bedroom unit and five 2 bedroom units. Apt 1 (1 bedroom) rents for $740 w/ tenant of 10+ years, Apt. 2 (2 bedroom) rents for $740 w/ tenant of 10+ years, Apt 3 (2 bedroom) rents for $880 w/ a tenant of 10+ years, Apt 4 (2 bedroom) is empty but will rent for $1050, Apt 5 (2 bedroom) rents for $840 w/ a tenant of 5+ years, Apt 6 is empty but will rent for $1150. Tenant power - $15600, Water - $3000, Taxes - $2874.23, Building Power - $1500, Garbage - $500, Insurance - $3330 (insurance is high due to no insurance for 10+ years, should go down next year). 5700 SQFT. Annual rental income = $64,800 ALL TENANTS ARE MONTH-MONTH. (id:2471)

Property Details
  • Property Address:183 Main Street, Saint John, New Brunswick, E2K1H7
  • Property Type:Multi-family
  • Lot Size:6049.32
  • Acreage:6049.32 sqft
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details for 183 Main Street, Saint John, New Brunswick, E2K1H7
  • Total Finished Area:7738 sqft
  • Heating Type:Electric, Oil, Hot Water
  • Rental Equipment:Water Heater
  • Exterior Type:Vinyl
Representative
Jane Higgins MacDonald portrait
Jane Higgins MacDonald
Sales Representative
RE/MAX Professionals Saint John Inc., Brokerage
Cell: 506-650-4412
Tel: 506-634-8200
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183 Main Street, Saint John, New Brunswick, E2K1H7

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