$1,500,000
Unlock Price Rating!

49 Quinton Avenue, Saint John, NB E2M5L7

INVESTMENT ALERT!! Here is your chance to own a 10 Unit Apartment building in probably the most desirable area of Saint John West. This building is an ICON of the Westside and tucked away in a residential neighbourhood. With the City Transits New Flex System in place this is a great home for tenants without vehicles. There is currently a 4 bay garage (dirt floor), and 3 lots total adding to the investment. Current owners has an application into the City of SJ to build another 11 unit building on the property. We do believe that there is a very good chance this will be approved also increasing the value of the land and potential. There are some long term tenants and some newer ones. Building has a new Roof and Propane Furnace. The building consist of 8 One bedroom plus den units these can be used as a second smaller bedroom as well and 2 Three bedroom units on the Top Floor. Current Rent Roll is 1+Den units = $650, $1200, $1035, $790, $1035, $1200, $790, $1250 ( As you can tell there is room for increases). 3 Bedroom units = $1400, $2000 with a total Rent Roll currently at $136, 200 / YEAR, plus $2200 in laundry income... If all units were at Market Rents Revenue could be $165, 400. Operating Expenses are Property Tax $13, 725, Insurance $5292, Electricity $3730, Garbage $3105, Snow Removal $1100, Water/Sewage $2877, Heat $13, 773. Total Operating Expenses =$43, 602 with a NET of $94, 798. Showing will be starting on October 24 and offers will be considered as them come. (id:55598)

  • MLS® NB108277
  • Date Listed11/05/2024
  • Time on Realty 0 Hours
  • Bedrooms -
  • Bathrooms
  • Lot Size 18,000 sq. ft
  • Sewer Public Sewer
  • Property Type Other
  • Water Public

Interior Features

  • Appliances Refrigerator, Stove, Washer, Dryer
  • Flooring Hardwood
  • Heating Forced Air, Propane

Exterior / Lot Features

  • Roof Asphalt
  • Lot Size Acres -
  • Lot Size SQFT 18,000.00
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in NB / E2M5L7

Source: Walkscore

33/100

Car-Dependent

Walk Score ®

15/100

Minimal Transit

Transit Score ®

24/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Transit Summary

1 nearby routes: 1 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 23/100, Transit Score: 19/100, Bike Score: 23/100.

Frequently Asked Questions for 49 Quinton Avenue

Source: Realty.com

49 Quinton Avenue, Saint John, NB E2M5L7 is a Other, Residential Income property listed for $1,500,000 The property is 0 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 43 photos of 49 Quinton Avenue.

The full address for this home is 49 Quinton Avenue, Saint John, NB E2M5L7.

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 23/100, Transit Score: 19/100, Bike Score: 23/100.

Listing provided courtesy of: RE/MAX PROFESSIONALS (tel: (506) 634-8200)
Listing agent: Marcus Power (tel: (506) 333-1551)

This content last refreshed on 2024-11-05 15:36:07. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 49 Quinton Avenue, Saint John, NB E2M5L7 : MLS® NB108277