$1,800,000

134 Taylor Avenue
Saint John, New Brunswick E2k3e6
MLS® Number: NB057885

Currently Under Construction. 12 two bedroom units. Projected rents at $1200 per month with the tenants paying their own heat and light bill. All units come with Fridge / Stove / Dishwasher / Range Hood / Mini Split Heat Pump. Total income $172,800 Taxes - $23749, Insurance $7800, Water/Sewer $5000, Power $960 = $37509 Net income $135,291. Garbage, Snow & Grass would be extra. Numbers are projections. Estimated completion date is August. Yard will be paved for apporx: 24 cars. There is also room on this property for a second 12 unit building that has the approval in place with the City of Saint John. All services and land prep are ready, literally the permit is ready to be picked up. Seller is willing to build the second building if buyer wishes. There is also the potential for a 3rd building consisting of 6 units. This is the deal you have been waiting for. BRAND NEW. Check out the supplement tap for building specs. (id:34572)


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Property Summary

  • Bedrooms N/A
  • Bathrooms N/A
  • Architectural Style N/A
  • Property Type Multi-family
  • Square Footage N/A
  • Total Finished Area 12000 sqft
  • Built In 2021
  • Exterior Finish Vinyl
  • Heating Electric Baseboard heaters
  • Title N/A
  • Rental Equipment Water Heater
  • Basement Type N/A
  • Parking Type Garage
  • Features N/A
  • Flooring N/A
  • Type N/A

Land Properties

  • Lot Size 1 - 3 acres
  • Access Type N/A
  • Water N/A
  • Features N/A
  • Sewer Municipal sewage system

Property Map