This well cared for 6 unit property with a yearly net income of over $63,000 would be a great addition to a savvy investor's portfolio. The building consists of 5 two bedroom units and 1 one bedroom unit. There is a garage with a loft for storage or possible additional rental income. The main building is heated by a newer propane furnace. The hot water is also propane. The rent for unit 6 ($1285) includes heat and lights as the meter also supplies the garage. There is ample parking with a recently paved driveway. The well pump was recently replaced also. Rents are : unit 1- (one bedroom ) $950 + lights . unit 2- $1500 + lights, unit 3 -$ 1550 + lights , unit 4 $ 1300 + lights , unit 5 - $ 1000 + lights unit 6 $ 1285 heat and lights included. (id:4069)
Address
440 Woolastook Drive
List Price
$749,000
Property Type
Multi-family
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Grand Bay Westfield
Floor Area
4,730 Sq. Ft.
Lot Size
20494 Sq. Ft.
MLS® Number
NB142913
Listing Brokerage
Royal LePage Select Realty
Postal Code
E5K2A8
Ownership
Freehold
Appliances
Refrigerator, Stove, Washer, Dryer
Heat Source
Electric, Propane
Heat Type
Baseboard heaters, Hot Water
Foundation Details
Concrete
Water Source
Drilled Well
Sewer
Municipal sewage system
