Property Description

Welcome to 9395 Elliott Row! This beautifully renovated 6-unit building in uptown Saint John is a fantastic investment opportunity. Featuring three bachelor units, one 1-bedroom unit, and two 2-bedroom units, the property offers spacious units, electric heat, and some off-street parking. With extensive renovations throughout, this property generates approximately $87,240 in annual rental income, with estimated net income of $71,300. Conveniently located close to all uptown amenities, this is a solid investment worth a closer look! Rents are currently - 2@ $995, $1025, $1195, $1395 and $1665. Approx. expenses are: Insurance - $2956, water/sewer - $2144, Taxes - $6740 and electricity - $4100. Approx total expenses -$15,940. Approx Net Income - $71,300. (id:7434)