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$6,599,000 CAD
61-63 UNION STREET
Saint John, New Brunswick E2L 1A2
Canada
Saint John, New Brunswick E2L 1A2
Canada
Residential For Sale, Multi Family
Land size: 0.227 ha ::
0.56 acres
Sale price per sqm: 0
Remarks:
In a booming real estate market and a growing population in Saint John, this property presents a great opportunity to consolidate your investments in a big way, under one roof. This property offers two apartment towers, each 5 stories, 13 units at 61 Union and 12 units at 63 Union, for a total of 25 units (24x2 bed, 1 bachelor), plus 104 parking spaces, 55 of which are indoor. Across the street, tenants can wander through the maze of indoor pedways, from the Aquatic Center to Brunswick Square, Market Square, TD Sports Center, City Market, etc, so who cares about a hard winter, while you enjoy city shopping and restaurants!!. Both towers have been completely remodeled in the last 10 years, along with new siding and modified roofs. Enjoy the spacious two bedroom units and stunning harbour views and cruise ships from several units. All appliances are currently owned by the seller and included in the sale price. Annual rent roll is around $690,000 and continually growing; Property tax $107 083; Utilities (including electricity, heat, water & sewage) $71,558; Insurance $23,100; Repairs and Maintenance (including garbage, lawncare and snow removal) $20,625; Management $27,381; With a net income of approximately 440k. Proof of financing may be required prior to viewing the property. First viewing will be limited to a couple of typical units. (id:42016)
Features:
- Year Built: 1960
- Exterior Description: Vinyl Siding
- Heating System: Electric
- Cooling System: Heat Pump
Location:
61-63 UNION STREET, Saint John, New Brunswick E2L 1A2, Canada
Listed By CENTURY 21 All Seasons Realty NB
The Residential For Sale, Multi Family located at 61-63 UNION STREET, Saint John, New Brunswick E2L 1A2, Canada is currently for sale. 61-63 UNION STREET, Saint John, New Brunswick E2L 1A2, Canada is listed for $6,599,000 CAD. If the property located at 61-63 UNION STREET, Saint John, New Brunswick E2L 1A2, Canada isn't what you're looking for, search New Brunswick Real Estate to see other Homes For Sale in Saint John.