Property Details

421 Douglas Avenue, Saint John, New Brunswick, E2K1E9


Multi-family For sale

  • Property MLS® : NB088713
  • Number of Bedrooms : N/A
  • Number of Full Bathrooms : N/A
  • Lot Size : 10398
Noreen Russell portrait
Noreen Russell

Royal LePage Atlantic Brokerage - Rothesay
Cell: 506-333-4400
Tel: 506-333-7475
Property Description

Income producing 6-unit building on historic Douglas Ave with riverfront and many waterviews! Possible 7th unit on the street level that was originally a store, city approval, permits are responsibility of purchaser. Property is located across from the Harbour Passage access point, overlooking Reversing Falls. Convenient location on main bus routes, easily accessible to major amenities. Units are all 1-bedroom layouts, 5 out of 6 units updated within last two years. No vacancy as of July 1. Rents as follows: $900, 850,1050, 925, 648.75, 895. Monthly net profit of $2347. Recent upgrades include new high efficiency gas boiler (Sept 2022), New 200 amp main breaker panel and 100 amp individual subpanels in each apartment, an additional 100 amp panel was added for the hot water tanks (2022). Plumbing upgrades to 5 bathrooms, some basement plumbing updated to PEX. Roof was patched by previous owner before 2019 and no issues. Included in the purchase is a Mircom analog fire system complete with a fire panel, annunciator and all accessories, ready to install by purchaser if they choose to. New keyed apartment mail boxes which includes a lockbox for Canada Post building access installed (2022). New front entrance door with custom address plaque and hardware (2022). All measurements and information to be verified by the purchaser prior to closing. (id:2471)

Property Details
  • Property Address:421 Douglas Avenue, Saint John, New Brunswick, E2K1E9
  • Property MLS®:NB088713
  • Property Type:Multi-family
  • Lot Size:10398
  • Acreage:10398 sqft
  • Water Type:Municipal water
Structure Details
  • Bedrooms:N/A
  • Bathrooms:N/A
  • Heating Type:Natural gas, Hot Water
  • Exterior Type:Vinyl, Wood
Property Location
Loading Map..

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.

* not intended to solicit those currently under contract. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
By using our site, you agree to our Terms of Use
Translate »