Property Description for 86-90 Burpee Avenue
In the riveting Saint John real estate market, this 5 unit apartment building has yesteryears charming character while it sits on almost half an acre in the highly desirable Mount Pleasant northside area. All within walking distance to recreational lakes and walking trails. All units have own electric meter and pay for lights. Two units (#86 & #88)have been converted to electric heat so tenants pay heat and lights. For these two units seller added heat pumps (owned). Net can be increased if buyers convert the other three units. Rents #86 4 bedr $1,645, #88 1 bedr $995, #90 2 bedr $975, #108A 2 bedr $1,150 and #108B 2 bedr $1,200. Rent increases come in affect next February for another $2940 per year. Tax 6822, water 3016, electric 1008, gas 13,800, insurance 3925. Several renos in the last 5 years, new roof, updated decks, upgrading 2 units for electrical heat, foam insulation in the basement, etc; previously a newer nat gas furnace was installed in a fire rated room. All info and dimensions to be verified by purchaser prior to closing. (id:38686)
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Property Details
Property Tax
: $6,822MLS® #
: NB104065
Home Features
Property Type
: MultiFamilySquare Footage
: 3,500 SQFT
Interior Features
Heating
: Electric, Natural gas, Hot Water
Exterior Features
Acreage
: 0.35Roof
: Asphalt shingle, Unknown
Utilities
Sewer
: Municipal sewage system
Other
Exterior Features
: Other
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