99-101 Elliott Row

For Sale 162 Days
$749,000
beds
baths
2,500 Sqft

99-101 Elliott Row

For Sale 162 Days
$749,000
beds
baths
2,500 Sqft

Highlights

Key insights

Description

This well-kept 7-unit building is a prime investment opportunity located within walking distance to the best of Uptown Saint Johns shops, restaurants, and amenities. Ideal for both new and seasoned investors, the property offers a strong cap rate of over 67%, delivering excellent cash flow and long-term potential. The building spans three levels and features a desirable unit mix of four 1-bedroom units, two 2-bedroom units, and 1 Bach. unit, appealing to a broad range of tenants. Residents enjoy a large private backyard and a walkout deck, adding to the property's livability and tenant satisfaction. The current rent roll includes Unit #1 rented at $1,200, Unit #2 at $900, Unit #3 at $1,400, Unit #4 at $1,300, and Unit #5 has been rented for April 1st at $1,050. Unit #6 is currently vacant and being advertised at $995 per month with all utilities included, Unit #7 at $1200. With strong net income already in place and room to increase rents, the property presents immediate and future value. (id:63267)

Janice Purdy of EXIT Realty Specialists,
#NB114778
updated 1 week ago.
Houseful checked MLS® for data 1 week ago.

Home overview

Amenities / Utilities
  • Heat source
    Natural gas
  • Heat type
    Hot water
  • Sewer/ septic
    Municipal sewage system
Exterior
  • # total stories
    3
Interior
  • Flooring
    Ceramic, laminate, wood
Location
  • Directions
    2067285
Lot/ Land Details
  • Lot dimensions
    4822.23
Overview
  • Lot size (acres)
    0.11330427
  • Building size
    2500
  • Listing #
    Nb114778
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28080664/99-101-elliott-row-saint-john
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,997

/ Month
25 Years fixed, 20% down payment, % interest
$
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$
%
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