
9 Exmouth Street, Saint John, NB E2L3R9
Key Facts
Description
Turnkey Uptown Saint John 5-Unit | Premium 2BR Mix | Tenant-Paid Utilities Investor Alert! Secure a high-performing, low-maintenance asset in the heart of Uptown Saint John. This meticulously maintained 5-unit building consists entirely of high-demand two-bedroom suites, offering a uniform layout that simplifies management. A standout feature for any portfolio: Tenants pay for their own heat, lights, and hot water, keeping your operating expenses predictable and lean. Each unit features in-suite laundry, & dishwashers. Significant capital expenditures have already been addressed, including newer windows, siding, roof covering, and exterior decks, ensuring minimal near-term costs. With nearly 100% historical occupancy and with a few units having ""room to lift"" rents to market value, this building offers an immediate blend of strong cash flow and long-term appreciation. Walkable to all Uptown amenities, dining, and transit. Rents are as follows. Unit -1 $1200, unit-2 $1030, unit-3 $950, unit -4 $1200, & unit -5 $1100 ***Income = $65,760 per year Expenses are: Property Taxes: $ 6405.35, Insurance $3,083, Electricity $609, water/sewerage $2128.11 & garbage $2040 ****Expenses + $14,221.44 ***Net Income $51,538.56 CAP RATE = 8.6% All sizes and measurements are the responibilitly of the buyer to verify. (id:31684)
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Living Area
4,200 sq ft
Ownership
Freehold
Listing #
NB134114
Property Features
- Heating:
- Baseboard, Electric
- Flooring:
- Laminate
- Sewer:
- Public Sewer
Affordability Calculator
$119,800
Estimated monthly payment
$3,188/mo
Principal $479,200 · Est. interest $668,527 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Saint John, NB
- CA$343,000
- Median Listing Price
- 49
- Median Days on Market
- 1,920
- Median Sq Ft
- CA$193
- Median Price / Sq Ft
- 449
- Active Listings
- This home’s price is 75% above the area median.
- Its price per sq ft is 26% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Saint John, NB.
Location
- 9 Exmouth Street, Saint John, NB E2L3R9
Nearby Schools
Prince Charles School
School · 0.3 km away
St. Malachy's Memorial High School
Secondary · 0.5 km away
Saint John High School
Secondary · 1.0 km away
St John the Baptist King Edward School
School · 1.0 km away
Princess Elizabeth School
School · 1.2 km away
Bayside Middle School
School · 1.5 km away
Divine Mercy Catholic School
School · 2.1 km away
Bayview School
Elementary · 2.2 km away
Hazen White-St Francis
Elementary · 2.2 km away
Harbour View High School
Secondary · 2.6 km away
Majestany Institute - Saint John
Secondary · 3.4 km away
Beaconsfield Middle School
School · 3.5 km away
Little Harvard Early Learning Centre
School · 3.6 km away
Seaside Park Elementary School
Elementary · 3.7 km away
Champlain Heights School
Elementary · 4.4 km away
Saint Rose School
Elementary · 4.5 km away
Barnhill Memorial School
Elementary · 4.6 km away
Butterflies & Bumblebees Daycare
School · 4.6 km away
Anglophone South School District
Secondary · 4.8 km away
Millidgeville North School
School · 4.8 km away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Saint John
Listing Courtesy: EXIT Realty Specialists
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