260 Douglas Avenue

THIS PROPERTY CAN ALSO TO PURCHASED IN A 36 UNIT PORTFOLIO - This is a 9-PLEX bldg, in a great residential location, across the street from the 150 million dollars NB museum expansion in progress, up the street from Harbour Passage and city interconnected walking and biking trails, overlooking the Saint John harbour and cruise ships, all adding up to a riveting investment in the future. Many renos have been done, new roof in 2025, all units have been upadated, top floor deck has been replaced, central fire alarm system, etc. Rents: apt 1, $1,050, apt 2, $1,450, apt 3, $1,485, apt 4, $1,485, apt 5, $1,650, apt 6, $900, apt 7, $650, apt 8, $1,175, apt 9, $1000. Rent total about $10,845/mo or $130,140/yr. Expenses: Tax $13,878, Water $3,098, fuel/ elec $15,960, Insurance $5,702. 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:53361)