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108 Main, Saint John, New Brunswick, E2K 1H3

MLS® # NB110187
new listing
Investment For Sale In North End, Saint John, New Brunswick
$489,000
108 Main, Saint John, NB - Outdoor With View
108 Main, Saint John, NB - Outdoor With Body Of Water With View
108 Main, Saint John, NB - Outdoor
108 Main, Saint John, NB - Outdoor
108 Main, Saint John, NB - Outdoor With View
108 Main, Saint John, NB - Outdoor
108 Main, Saint John, NB - Outdoor
108 Main, Saint John, NB - Outdoor
108 Main, Saint John, NB - Outdoor With Body Of Water With View
108 Main, Saint John, NB - Outdoor With View
108 Main, Saint John, NB - Outdoor With Body Of Water With View
108 Main, Saint John, NB - Outdoor
108 Main, Saint John, NB - Outdoor
108 Main, Saint John, NB - Outdoor With View
108 Main, Saint John, NB - Outdoor
108 Main, Saint John, NB - Outdoor
108 Main, Saint John, NB - Outdoor
108 Main, Saint John, NB - Outdoor With Body Of Water With View
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ACTIVE
108 Main, Saint John, New Brunswick, E2K 1H3
$489,000

Property Information:

Welcome to 108 Main Street NORTH. Whether you're a seasoned investor or just beginning your real estate journey, this 5 Unit building is a rare find with it's blend of steady cash flow, low operating expenses, and growth potential. All 5 apartments are rented providing immediate ca$h flow. With the current rental market trends, there is significant potential for income growth. As leases renew and improvements are made to this property it could yield considerably higher rents over time. There are 5 spacious apartments . consisting of 4-2 bedroom and 1- 3 bedroom. Conveniently located near amenities, hospital, schools , UNB , the Y , transportation, Shamrock Park, and walking distance to the SAINT JOHN RIVER and POWER BOAT CLUB, ensuring consistent rental demand. Income is 60,180 per year , expenses ( excluding mortgage) 12,128 and a NET of 48,052. Gotta love those number$$$ ! Call for your private showing today. 48 Hours notice for showings. NO viewings on Sunday. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Crawl space
  • Exterior Finish: Vinyl
  • Fire Protection: Smoke Detectors
  • Total Finished Area: 3954 sqft
  • Heating Type: Baseboard heaters

Property Features:

  • Property Type: Multi-family
  • Access Type: Year-round access
  • Features: Corner Site
  • Landscape Features: Partially landscaped
  • Lot Size: 372.00 Square Metres
  • Zoning: RC ZONING
  • Sewer: Municipal sewage system

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Sales/Price History

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Location of 108 Main, Saint John, New Brunswick, E2K 1H3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

32 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

32 hot days expected in 2050

34/100

Moderate-Low

ClimateCheck®

Current data

This property, 108 Main , experiences 7 hot days per year at around 26.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 29.2 degrees Celsius.

Projected Avg. Temperature

Past
26.1℃
2050
29.2℃

# Hot Days Per Year

Past
7
2050
32

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

80/100

High

ClimateCheck®

Current data

This property, 108 Main , experiences 11 significant 2-day storms per year, with about 427.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 554mm of precipitation per year.

Precipitation Per Storm

Past
427.3mm
2050
554mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 108 Main, Saint John, New Brunswick, E2K 1H3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$44,388.00

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.35 %

High school certificate or equivalent

44.42 %

Apprenticeship trade certificate/diploma

6.57 %

College/non-university certificate

17.03 %

University Degree

6.62 %

Commuter

Travel To Work

By Car

64.87 %

By Public Transit

10.6 %

By Walking

19.14 %

By Bicycle

0.0 %

By Other Methods

5.39 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.38 %

Houses

33.62 %

Own Vs. Rent

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