Property Details

24 Cedar Grove Crescent, Saint John, New Brunswick

24 Cedar Grove Crescent, Saint John, New Brunswick (ID NB060566)
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$630,000 - For Sale


This is a building you will not want to miss. If you enjoy straight, square building that are purpose built and configured for maximum efficiency, look no further. This beautiful cedar building would be a great addition to any portfolio. There is upside in rents with all of these large flats featuring double parlours, hardwood floors, generous bedroom sizes and large bathrooms. For tenants this is easily a great building to feel proud to live in. The owner has done a lot of upgrades over the last 10 years, including but not limited to: new windows approx. 5 years ago, new fiberglass oil tank 2-3 years ago and a new roof that is less than 10 years old. All tenants pay their own lights. Heat and hot water is included. With no rental fees for hot water tanks. One unit includes washer and dryers. House has a coin Op washer and dryer, 3 units with dishwashers, 3 microwaves, parking for 12 vehicles (6 space double depth). All month to month leases with longer term tenancies. 3 units occupied by tenants that have been there over 10 years, which is why they are less updated and have lower rents.
Current rents are, $915, $865, $950, $965, $1050, $1050 + they pay for their own light bills with SJ Energy.

Property Details
  • Property Address:24 Cedar Grove Crescent, Saint John, New Brunswick
  • Property Type:Multi Family
  • Taxes:$6,087 (2021)
Structure Details for 24 Cedar Grove Crescent, Saint John, New Brunswick
  • Structure Type:5 - 8 Units
  • Floor Space:6000 SqFt
  • Exterior Type:Cedar
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24 Cedar Grove Crescent, Saint John, New Brunswick

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