106-108 Waterloo St, Saint John, New Brunswick, E2J4K9

106-108 Waterloo St, Saint John, New Brunswick
Representative
Jeff Sherwood portrait
Jeff Sherwood
Sales Representative
Royal LePage Atlantic Brokerage - Rothesay
Tel: 506-647-7653

$219,900 - For sale

MLS®:SJ175310

Great investment in Saint John.Directly across the street a $10MM investment in Catholic Cathedral, brand new condos rented to full capacity, also a planned $12MM renovation of the former St. Vincent High School to be converted to condos (http://www.cbc.ca/news/canada/new-brunswick/st-vincent-school-apartments-saint-john-1.4309893). Many updates in the last 5-8 years,new roof,windows,electrical,plumbing,flooring,kitchens,bathrooms,chimney & heatingThe building has zero work orders,is always fully rented,coin operated washer/dryer and has low maintenance costs.On bus route & only a 5 min walk to the city core.A live-in super paid $150/mt and a live-in cleaner at $50/mt.Annual income at full capacity is over $55,200 a year and could be more!This property has a great cap rate,great rental income,low maintenance, in a gentrified neighborhood.Check out the video and photos to see for yourself.Units - two 3 bedrooms,four 1 bedroom & one bachelor.Rents are $900,$750,$650,$610,$600,$550,$530 (id:2471)

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Property Details
  • Property Type:Multi-family
  • Lot Size:3767 SQ FT
  • Acreage:3767 SQ FT|under 1 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details
  • Structure Style:Multi-Family
  • Square Footage:2600 sqft
Representative
Jeff Sherwood portrait
Jeff Sherwood
Sales Representative
Royal LePage Atlantic Brokerage - Rothesay
Tel: 506-647-7653
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Listing Office: RE/MAX PROFESSIONALS SAINT JOHN INC. (S119)

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