89 Adelaide Street

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$589,500

89 Adelaide Street

Saint John · MLS® NB141455

3,000 sq ft · 4,004 sq ft lot · House · Multi-family · 137 days on market

listed by Tim Somerville, Royal LePage Atlantic

realtor's description

Welcome to 89 Adelaide Street! With solid numbers, this 6-unit building offers good sized units, and has plenty to offer. On the bus route, close to many amenities, and has some long-term tenants. There is a coin-op laundry and has a low vacancy rate. Rents are: 4 @ $1004, $1150, and $1010. Total rental income: $74,112 Laundry income-$1200. Approx. expenses: insurance-$2544, snow removal-$487, heat-$5580, water/sewar-$3542, electricity- $2459, and taxes-$4058. Approx. total expenses- $18,670. Approx. net income- $55,442

property details

type: House, Multi-family
living area: 3,000 sq ft
lot: 4,004 sq ft
parking: 0
property tax: $4,031 / yr
days on market: 137
MLS®: NB141455

features

Level lot
Washer
Refrigerator
Stove
Dryer

monthly cost

$2,904/mo

Mortgage $2,568 · Tax $336

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,568/ monthly

loan $471,600

25-year amortization

down payment20% · $117,90020%+ 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: $298,918
cash to close: $117,900; down payment; transfer tax and fees not included
total paid: $770,518

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