31-33 Peters Street,Saint John, NB E2L2Z8
Saint John, NB E2L2Z8
Description
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:13843)
Details
| MLS # | NB137712 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 171 |
| Listing Provided By | EXIT Realty Specialists | Patricia Gallagher |
Features
| SQ Feet | 3,300 |
|---|---|
| Basement | Y |
| Units | 6 |
| Acreage | 0.09 |
Interior
| Heating | Electric |
|---|---|
| Appliances | Washer, Refrigerator, Stove, Dryer |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Concrete |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4708 |
|---|
Area Information
| Province | NB |
|---|---|
| City | Saint John |
| Postal Code | E2L2Z8 |
| Listing VS Median (in E2L2Z8) | |
Price: $609,000 low | high Med: $609,000 sqft: 3,300 low | high Med: 3,300 $ / sqft: $185 low | high Med: $185 On site: 171 low | high Med: 171 | |
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Learn More About This Property
| Province | NB |
|---|---|
| City | Saint John |
| Postal Code | E2L2Z8 |
| Listing VS Median (in E2L2Z8) | |
Price: $609,000 low | high Med: $609,000 sqft: 3,300 low | high Med: 3,300 $ / sqft: $185 low | high Med: $185 On site: 171 low | high Med: 171 | |
