964 Route 750
Moores Mills, New Brunswick E5a1y8
MLS® Number: NB090214
Lots of potential with this 5 unit income property consisting of 3 two bedroom units and 2 one bedroom units. Well set up with each unit having separate meters, separate laundry hookups and electric baseboard heat with tenants paying their own electric. Tenants paying below market rent, $650, $750 and $750. 2 units currently vacant were previously rented for $750 and $650 respectively. Approximate gross annnual income with all units rented is $42,600. Last years expenses: electric-$5819.89, insurance - $2101, property management - $2400, taxes - $1224.10, maintence/supplies - $1826.50, signs/stationary - $67.93. Approximate net annual income with all units full - $29,160. Can be sold as a package deal with 43 Moores Mills, NB089334. Expenses for last year Hydro - heat, hot water heater rental, dusk to dawn light, house meter (for the pump) $5819.89 Insurance - $2,101.00 Property tax - $1224.10 Signs, stationary, etc - $67.93 Building supplies - paint, lumber, hardware, etc - $1826.50 (id:34572)