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964 Route 750 Moores Mills, New Brunswick E5A 1Y8

Baseboard Heaters Acreage

$160,000

Lots of potential with this 5 unit income property consisting of 3 two bedroom units and 2 one bedroom units. Well set up with each unit having separate meters, separate laundry hookups and electric baseboard heat with tenants paying their own electric. All tenants are month to month and paying $650, $750 and $750. 2 units currently vacant and were previously rented for $750 and $650 respectively. Approximate gross annnual income with all units rented is $42,600. Last years approximate expenses: electric-$5820, insurance - $2101, property management - $2400, taxes - $1224.10, maintence/supplies - $1982, office expenses - $128.00. Approximate net annual income with all units full - $28944. Can be sold as a package deal with 43 Moores Mills, NB089334. Hydro - heat, hot water heater rental, dusk to dawn light, house meter (for the pump) $5819.89 Insurance - $2,101.00 Property tax - $1224.10 Signs, stationary, etc - $67.93 Building supplies - paint, lumber, hardware, etc - $1826.50 (id:42007)

Property Details

MLS® Number NB094706
Property Type Multi-family
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Exterior Finish Wood Shingles, Wood
Fireplace Present No
Heating Fuel Electric
Heating Type Baseboard Heaters
Total Finished Area 4800 Sqft
Utility Water Well

Land

Acreage Yes
Sewer Septic System
Size Irregular 7759
Size Total 7759 M2
Size Total Text 7759 M2

https://www.realtor.ca/real-estate/26381160/964-route-750-moores-mills

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