964 Route 750, Moores Mills, New Brunswick, E5A 1Y8

$160,000

MLS® # NB096761

Investment For Sale In Moores Mills, New Brunswick

$160,000

Property Information:

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. Tenants are month to month and paying $650, $750 and $550. 2 units currently vacant and were previously rented for $750 and $650 respectively. Approximate gross annual income with all units rented is $40,200. 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 - $26545. Can be sold with 43 Moores Mills, MLS# NB094557. (id:27)

Building Features:

  • Style: Multiplex
  • Exterior Finish: Wood shingles, Wood
  • Total Finished Area: 4800 sqft
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric

Property Features:

  • Property Type: Multi-family
  • Lot Size: 7759.00 Square Metres
  • WaterFront Type: Waterfront
  • Sewer: Septic System

Courtesy of: EXIT REALTY SPECIALISTS

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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