100 Main Street, Saint John
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Residential Commercial Mix Residential Income GeneratingLooking for an investment property that won´t leave you with massive debt? Or perhaps an affordable home close to the ocean that provides income? This primarily brick fourplex located in Saint John, New Brunswick, offers just that. On a main bus route that takes you into the core of the city within minutes, this building is well situated. With quick access to all city amenities, water views from both the front and rear of the property, and spacious units, there is an excellent opportunity to grow your revenues and build equity. A potential rental range for this property can go from $450 for the smallest unit to $800 for the largest unit. This range is by no way finite, and would depend on what you are including in the rent, term of lease, condition of the unit at the time of rental, etc. New Brunswick offers flexible rental terms allowing you to rent by the week, month or year, furnished or unfurnished.
Whether you are looking to use one or more units for yourself, or rent all of them to tenants, at $64,900, this is a fantastic investment opportunity. The apartments include a three-bedroom, two-bedroom, one-bedroom plus den, and one-bedroom.
For extensive investor information and photos regarding the property, the four apartments, the city, the neighborhood, location and contacts, please visit:
*** Please note that this property does need work. Due to the property´s low price, and work required, it would not be suited to conventional financing. Rather, the buyer would need to purchase the property in cash or utilize creative financing such as a private mortgage. Private financing is available for this property; however, potential buyers will need to provide a down payment and have a good credit rating. Contact the owner for details. Neither rent-to-own nor vendor backed financing will be considered. The property is being sold as is where is. ***
Size: 0 sq. ft.
D Ray :: Owner
Saint John, New Brunswick