$609,000
31-33 Peters Street
Saint John, New Brunswick, E2L2Z8
- Multi-family
- 3,300 sq ft
Listing brokerage: EXIT Realty Specialists
Listing REALTOR®: Patricia Gallagher, Salesperson
MLS® number: NB137712
Data provided by: New Brunswick
About this property
This solid 6-unit multi-family property offers an excellent investment opportunity with strong rental appeal and desirable features throughout. The building consists of a well-balanced unit mix including three 1-bedroom units, two 2-bedroom units, and one bachelor apartment - all currently rented on flexible month-to-month agreements, providing both immediate income and future upside potential. Tenants pay their own heat and lights, helping to keep operating costs down, while a coin-operated laundry adds additional income. The property has seen exterior improvements with gorgeous new siding, enhancing curb appeal and long-term durability. Outside, youll find a fully fenced yard and tiered decks that are in great shape, offering functional outdoor space for tenants. A convenient garbage alley and dedicated entrance to unit 33-1 add to the practicality of the layout. The building also features a large, dry basement, ideal for storage or future development possibilities. Well-positioned for value growth, this property offers excellent income enhancement potential with optimized management and future rent alignment. A well-maintained, income-generating property with key upgrades already completed, this is a great addition to any investment portfolio. Rents are Unit 1 = $700 Unit 2 = $950 Unit 3 = $1000 Unit 4 = $674.70 Unit 5= $1025.00 Unit 6 = $1075 (id:67706)
Details
- Property type
- Multi-family
- Ownership
- Freehold
- Units
- 6
- Living area
- 3,300 sq ft
- Lot size
- 374
- Heating
- Electric
- Basement
- Unfinished, Full
- Foundation
- Concrete
- Exterior
- Vinyl, Metal
- Flooring
- Laminate
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Annual taxes
- $4,708
- MLS® number
- NB137712
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