325 Main Street

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$450,000

325 Main Street

Saint John · MLS® NB142864

4,860 sq ft · 2,325 sq ft lot · House · Multi-family · 120 days on market

listed by Tim Somerville, Royal LePage Atlantic

realtor's description

Welcome to 325 Main Street! This spacious 5-unit brick building offers low vacancy, electric heat, hardwood floors, solid numbers and is a great investment property. Located close to many amenities this property is on the bus route and is well worth a look! Rents are $802.77, $895, $995, $1098.30 and $1,150. Total rental income = $59,292.84. Approximate expensed are: Taxes - $4,519, Insurance - $3,200, Electricity - $3,200 and water/sewer - $3,500. Approximate Total expenses = $14,419. Approximate net income - $44,873.

property details

type: House, Multi-family
living area: 4,860 sq ft
lot: 2,325 sq ft
parking: 0
days on market: 120
MLS®: NB142864

features

Refrigerator
Stove

monthly cost

$1,961/mo

Mortgage $1,961

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,961/ monthly

loan $360,000

25-year amortization

down payment20% · $90,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $228,182
cash to close: $90,000; down payment; transfer tax and fees not included
total paid: $588,182

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.