Saint John, NB E2L1C8,99-101 Elliott Row
Saint John, NB E2L1C8,99-101 Elliott Row
Saint John, NB E2L1C8,99-101 Elliott Row
Saint John, NB E2L1C8,99-101 Elliott Row
Saint John, NB E2L1C8,99-101 Elliott Row
Saint John, NB E2L1C8,99-101 Elliott Row
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$ 749,000
Est. payment | /mo

4,822 Sqft Lot


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$ 749,000
Est. payment | /mo
Save

4,822 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS® Listing ID NB114778

Lot Size 4,822 Sqft

Acres 4822.23

Source New Brunswick Real Estate Board

Property Description

This well-kept 7-unit building is a prime investment opportunity located within walking distance to the best of Uptown Saint Johns shops, restaurants, and amenities. Ideal for both new and seasoned investors, the property offers a strong cap rate of over 67%, delivering excellent cash flow and long-term potential. The building spans three levels and features a desirable unit mix of four 1-bedroom units, two 2-bedroom units, and 1 Bach. unit, appealing to a broad range of tenants. Residents enjoy a large private backyard and a walkout deck, adding to the property's livability and tenant satisfaction. The current rent roll includes Unit #1 rented at $1,200, Unit #2 at $900, Unit #3 at $1,400, Unit #4 at $1,300, and Unit #5 has been rented for April 1st at $1,050. Unit #6 is currently vacant and being advertised at $995 per month with all utilities included, Unit #7 at $1200. With strong net income already in place and room to increase rents, the property presents immediate and future value. (id:24570)

Location

State NB

Rooms

Kitchen 0.0

Interior

Heating Hot Water,

Flooring Ceramic, Laminate, Wood

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Story 3

Sewer Municipal sewage system

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Listed by EXIT REALTY SPECIALISTS
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3009 23 St NE, Calgary, AB, CAN

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99-101 Elliott Row