Quick Summary
Quick Summary
- Attractive city block location in uptown Saint John
- Spacious and fully equipped rental units
- Awesome and reliable tenants in place
- Unfinished basement with potential for 4th unit
- Appliances including washer and dryer included
- Attractive annual income of $36,453
- Solid investment with attractive capitalization rate
- Convenient showing schedule for investors
Welcome to 55 Orange St located on one of the most attractive city blocks in uptown Saint John. This 3 unit has the charm & is 'turn-key' featuring spacious equipped units, awesome tenants & comes with OFF STREET PARKING. The basement is currently unfinished but has the space/potential to be configured for a 4th unit. Each unit comes with... Show More
Welcome to 55 Orange St located on one of the most attractive city blocks in uptown Saint John. This 3 unit has the charm & is 'turn-key' featuring spacious equipped units, awesome tenants & comes with OFF STREET PARKING. The basement is currently unfinished but has the space/potential to be configured for a 4th unit. Each unit comes with a full set of appliances - washer & dryer included. Units are - 1-three bedroom (2 bath) + 1-two bedroom (1 bath) & 1-spacious 1 bedroom (1 bath) - RENTS - $2000, $1650 & $1100. Gross Income @ $57,000 - Gross Expenses @ $20,547 = Approx Annual Income $36,453 - this property is a solid investment & yields an attractive CAP rate. Showings require minimum 24hr notice & can begin Wednesday Oct 2nd. Weekdays between 11am-7pm & Saturday 12pm-5pm (no viewings on Sunday). Offers will be reviewed in the afternoon on October 9th. If you are an investor looking for 3-6 units with solid numbers call today for more information. (id:54626)
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