$400,000
55-57 Broadway Avenue
Saint John, New Brunswick
2,500 square feet
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Welcome to 55-57 Broadway Avenue! Situated east, this 4-family is on the bus route, is close to many amenities and has easy access to the highway. This 4-unit has plenty of off street parking is on a 1/4 acre lot. With good sized units, electric heat and some long-term tenants, this is a solid investment building that is well worth a look. Rents are $907.53, $995, $1025 and $1220. Total rental income: $49,770. Laundry Income: $840. Approx. expenses are: Snow: $840, Electricity: $2908 Water/Sewer: 1404, Insurance: $2233 and Taxes: $5627. Approx. total expenses - $13,012. Approx. Net Income: $37,598 (id:66617)
The details
- Property type
- Multi-family
- Living area
- 2,500 square feet
- Lot size
- 11,688 square feet
- Stories
- 2
- Heating
- Baseboard heaters, Electric
- Basement
- Crawl space
- Flooring
- Laminate
- MLS® number
- NB136758
Roughly $1,861/month principal and interest, assuming 20% down at 5% over 25 years — an illustration, not a quote. Run your own numbers.
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