$300,000

5 Main Street
St. George, New Brunswick E5c3h9
MLS® Number: NB082262

Welcome to 5 Main Street! Located in the heart of St.George, this investment property offers spacious units, commercial space and plenty of off-street parking. With electric heat, metal roof and some updates, this building is a good investment property that can be sold with 3 South, 4 Main and 16 Portage for 1 Million dollars. Good solid numbers and is worth a look! Rents are: $525, $565, $600 and $750. (Empty unit when renovated would be approx. $600/mth) Approx. total income-$36,480. Approx. Expenses- Taxes $4467, Insurance $6602, Water/sewer $2140. Approx. total expenses- $13,209. Approx. Net income- $23,271. This is a good investment building that could have higher rents. (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 2800 sqft
  • Built In N/A
  • Exterior Finish Vinyl, Wood
  • Heating Electric Baseboard heaters
  • Title N/A
  • Rental Equipment Water Heater
  • Basement Type N/A
  • Parking Type Garage
  • Features N/A
  • Flooring Carpeted, Laminate
  • Type N/A

Land Properties

  • Lot Size 12841 sqft
  • Access Type Year-round access
  • Water Municipal water
  • Features Landscaped
  • Sewer Municipal sewage system

Property Map