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$849,000
Est. payment /mo
4,542 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB113185
Originating Board New Brunswick Real Estate Board
Lot Size 4,542 Sqft
Acres 4542.0
Property Sub-Type Freehold
Property Description
Presenting a handsome five-unit brick building overlooking the Bay of Fundy and Queen Square. This property is a historically significant asset, retaining an exceptional array of preserved architectural details that are highly sought after by upscale tenants. All units are currently occupied, generating stable rental income totalling just under $100k yearly. Units feature spacious layouts that retain original character, and two of the units (#3 and #4) are fully furnished, offering added convenience for tenants or potential short-term rental options. Upper-level decks provide spectacular views of the Bay of Fundy, further enhancing the property's unique appeal. This property offers a lucrative investment opportunity with the option to reside on-site while benefiting from consistent rental income. Located just blocks from Uptown Saint John's amenities, residents can enjoy proximity to fine dining, art galleries, and boutique shops, fostering a highly sought-after urban lifestyle. This property makes ""Shop Local"" very easy. In addition, a new elementary school will soon be under construction just one block away. This will add additional marketability to these large units. Don't miss the chance to own a piece of Saint John's history combined with modern rental potential. This is a designated heritage property. Detailed financials, rent roll, and leases all on file. 36 hours notice required for showings. Offers considered as received. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Hot Water,
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by SUTTON GROUP AURORA REALTY LTD.