27 King Street

About this property

Right in the heart of St. Stephen, this mixed-use opportunity is one that investors dont come across every day. Zoned as both commercial and residential, this building currently operates as a boarding house for newcomers. This 2-storey property offers strong, consistent income potential as-is, or the chance to reimagine it into a boutique-style Airbnb, just steps from shops, restaurants, and everyday amenities. With solid bones and a functional layout, the building features 7 bedrooms total (2 on the main floor, 5 upstairs) and 4 bathrooms (1 full + 1 half on each level). The main floor offers a spacious kitchen and living room, while the second level includes a comfortable common area and a convenient coffee kitchen with sink, fridge, and prep space, ideal for extended stays or guest flexibility. Outside, youll find 8 dedicated parking spaces at the rear of the building, an added bonus in this central location. Additional highlights include on-site coin laundry and a practical storage room for tenants or guests (perfect for bikes, strollers, and more). Whether youre looking for a turnkey income property or your next value-add project, this one checks all the boxes! Opportunities like this dont just sit. They perform! (id:67706)

Details

Property type

Apartment

Building type

Apartment

Ownership

Freehold

Living area

2,176 sq ft

Lot size

0.16

Storeys

2

Heating

Baseboard heaters, Electric

Basement

Full

Foundation

Block, Concrete

Exterior

Brick

Flooring

Carpeted

Water

Municipal water

Sewer

Municipal sewage system

Annual taxes

$4,855

MLS® number

NB137754

Rooms