5 Main Street, St. George, New Brunswick, E5C3H9
Welcome to 5 Main Street! Located in the heart of St.George, this investment property offers spacious units, commercial space and plenty of off-street parking. With electric heat, metal roof and some updates, this building is a good investment property that can be sold with 3 South, 4 Main and 16 Portage for 1 Million dollars. Good solid numbers and is worth a look! Rents are: $525, $565, $600 and $750. (Empty unit when renovated would be approx. $600/mth) Approx. total income-$36,480. Approx. Expenses- Taxes $4467, Insurance $6602, Water/sewer $2140. Approx. total expenses- $13,209. Approx. Net income- $23,271. This is a good investment building that could have higher rents. (id:2471)
- Property Address: 5 Main Street, St. George, New Brunswick, E5C3H9
- Property Type: Multi-family
- Title: Freehold
- Lot Size: 12841
- Acreage: 12841 sqft
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Access: Year-round access
- Storeys: 3
- Total Finished Area: 2800 sqft
- Heating Type: Electric, Baseboard heaters
- Exterior Type: Vinyl, Wood
- Flooring: Carpeted, Laminate
- Foundation Type: Concrete
- Appliances Included: Refrigerator, Stove, Washer, Dryer
- Level lot
Listing Offices: ROYAL LEPAGE ATLANTIC
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