On the Scene with Sandy Lavigne


117-119 Metcalf Street Saint John, New Brunswick E2K 4P8

Heat Pump Baseboard Heaters, Heat Pump


Solid four unit apartment building with Full occupancy long term tenants most being there 10 years or more. Major electrical upgrades converted all units to electric heat from oil. All tenants pay their own utilities. Vendor is currently completing a couple of small reno's in a couple of units such as flooring, a bathroom, some windows and doors were added a few years ago. Tenants are long term and rent month to month but would likely sign a lease.Heat pumps are leased from SJ energy which is reflected in the expenses.Priced under $62500.00 per unit allows plenty of room to grow & a great opportunity for your next investment.Apt#1 four bedroom $900,Apt#2 two bedroom $750 Apt #3 three bedroom $1000,Apt#4 two bedroom $700=$3350 monthly or $40200 annually total expenses 10815.88 Net income =$29384.00washer and Dryer hookups in all units.Note pre scheduled appointment times Tuesday jan 23rd to Saturday jan27th 1pm-4pm & 6pm-730pm.Realtors Please use touchbase for appointments (id:42007)

Property Details

MLS® Number NB095265
Property Type Multi-family
Equipment Type Heat Pump, Water Heater
Rental Equipment Type Heat Pump, Water Heater


Appliances Refrigerator, Stove
Cooling Type Heat Pump
Exterior Finish Aluminum Siding
Fireplace Present No
Heating Fuel Electric
Heating Type Baseboard Heaters, Heat Pump
Total Finished Area 2000 Sqft
Type Fourplex
Utility Water Municipal Water


Acreage No
Sewer Municipal Sewage System
Size Irregular 2000
Size Total 2000 Sqft
Size Total Text 2000 Sqft



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