Welcome to 79 Summer Street! Conveniently located near the bus route with easy highway access, this 5-unit building offers excellent investment potential with very low vacancy. The property features electric heat, good-sized units, plenty of off-street parking, and solid financials. Situated on a quiet street, the building has seen many recent updates and is well worth a look! Current rents: $1,000, $1,200, $1,250, $1,395, and $1,865. Total rental income: $80,520 annually. Approximate expenses: Insurance: $3,511 Heat/Electricity: $15,024 Water/Sewer: $2,986 Property Taxes: $7,332 Snow Removal: $740. Total Approximate Expenses: $29,593 Approximate Net Income: $50,927
For sale
C$695,000
79 Summer St, Saint John, NB E2K 3Y1
--beds
--baths
9,800sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$71/sqft
C$-- HOA
What's special
- 91 days
- on Zillow |
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