148 Broad Street

Saint John E2L 1Y8

THIS PROPERTY CAN ALSO TO PURCHASED IN A 36 UNIT PORTFOLIO - This 5-PLEX is near the upcoming new school & community park just down the street. Welcome home to the South End of Saint John Peninsula, with the mesmerizing Atlantic Ocean a short walk away behind the bldg and the city center, a few minutes walk up the hill, a mix of new construction and many historic buildings, creating an amazing contrast. This 3-Story building is nearby abundant amenities, recreational facilities, cruise ships, schools and the Irving Oil world wide head office; parking for 2 cars in front; many updates over the years including a modified/membrane roof in 2014. Rents: apt 1, $1,550, apt 2, $895, apt 3, $1,295, apt 4, $1,195, apt 5, $1,025. Income total $5,960/mo or 71,520 or about $72, 500 with the central laundry income; definite room to grow the income. Expenses: Tax $5,148, Water $3,206, fuel/ elec $13,450, Insurance $4,333. All dimensions and numerics are approximate and may be verified by the buyer. Interested buyers may consider buying a whole portfolio consisting of 260 Douglas Ave 9 plex, 130-132 Broad st 6 plex, 148 Broad st 5 plex, 19 Cedar st 5 plex, 224 Britain st 5 plex and 290 King st W 6 plex.. (id:2493)