For Sale · Land

147 St James Street, Saint John

147 St James Street, Saint John, NB E2L1V5

$58,423 total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

86%

Lot Size

0.09191919191919191 ac

About this property

This flat, deep lot offers a chance to build in a neighborhood that is energized with enthusiasm and opportunity. Walk to and from work every day without breaking a sweat, walk Harbor Passage in the evening without parking, walk to dinner on Friday and Saturday without having to take a cab home. Walk to the Queen Square market in your slippers, and in a couple of years, kids can walk to the new elementary school and not get cold, even if they forgot their mittens. At roughly 40 x 100, this footprint is ideal for either a sizeable multi-unit, or a single family home with garage and a decent backyard. A rare find! (id:66811)

Financial sandbox

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Estimate
Purchase price$58K
Down payment30% · $18K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$270

Projected NOI

$3K

Annual cash flow

$-317

Cash-on-cash

-1.81%

DSCR

0.90

Going-in cap

5.00%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

114,327

Households

53,523

Median income

$118,500

Median age

33.2

Daytime population

115,143

5-yr growth

1.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 147 St James Street, Saint John.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.