325 Main St, Saint John, NB E2K 1J1

At a cap rate of around 7, this 5-Plex is sure to make cashflow a reality. Located in the commercial section of Main St, this brick building has a newer electrical entrance (see picture) and the heating system was converted to electric, so tenants pay own heat, lights and hot water; say goodbye to oil, natural gas, propane, furnaces and waiting for service technicians. And, how about the buzzing multi-million dollar Shamrock park for soccer, tennis etc, being a walking distance from the building!. Rents: Apt 325-1 $810, apt 325-2 $954, apt 325-3 $1,050, apt 325.5-1 $720, apt 325.5-2 $779. Tax $4,551, electric $240, water $4,000, insurance $3,000, garbage $1,345.