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421 Douglas AVE, Saint John, New Brunswick, E2K1E9

421 Douglas AVE, Saint John, New Brunswick, E2K1E9 (ID M153513)
Representative
Shauna Scott portrait
Shauna Scott

RE/MAX Quality Real Estate Inc.
Cell: 506-378-0818
Tel: 506-384-3300

$449,900 - For sale

ID#:M153513

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 responsibility of purchaser. Property is located across from the Harbour Passage, 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)

Location Description421 Douglas Ave Saint John, NB

Property Details
  • Property Address:421 Douglas AVE, Saint John, New Brunswick, E2K1E9
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:10398 Imperial|under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Access:Year-round access
  • Waterfront Type:Waterfront
Structure Details for 421 Douglas AVE, Saint John, New Brunswick, E2K1E9
  • Total Finished Area:3000 sqft
  • Floor Space:3000 sqft
  • Heating Type:Natural gas, Hot Water
  • Flooring:Carpeted, Laminate
  • Basement Type:None
  • Foundation Type:Concrete
  • Rental Equipment:Water Heater
  • Exterior Type:Vinyl siding, Wood siding
Amenities for 421 Douglas AVE, Saint John, New Brunswick, E2K1E9
  • Amenities Nearby:Public Transit, Shopping
Representative
Shauna Scott portrait
Shauna Scott
REALTOR®
RE/MAX Quality Real Estate Inc.
Cell: 506-378-0818
Tel: 506-384-3300
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421 Douglas AVE, Saint John, New Brunswick, E2K1E9

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