From Saint John, take the Gondola Point Ferry and continue onto Route 845 toward Kingston. Turn left onto Lake Road and continue for approximately 1.7 km. The property at 61 Lake Road, Kingston will be on your route and is approximately a 26-minute drive from Saint John. RARELY OFFERED!!! Picture yourself owning one of the few multi-unit properties available on the Kingston Peninsula, collecting reliable rental income while enjoying water views and future upside on a 1.43-acre property. This fully rented four-unit income property in Kingston Peninsula, New Brunswick offers that opportunity and more, generating approximately $39,600 in annual gross income with four occupied units already in place. You will love the stability of long-term tenants with more than 60 combined years of tenancy, the very low operating expenses that help maximize returns, and the rare opportunity to own a fully occupied multi-unit property in an area where buildings like this seldom become available. Set on 1.43 acres with water views in one of New Brunswicks most scenic communities, you are surrounded by waterfront living, small-town charm, and convenient access to Saint John, Rothesay, Quispamsis, and Hampton. Whether you are an experienced real estate investor looking to add a turnkey income-producing asset to your portfolio or searching for a property with dependable cash flow and long-term potential, this building delivers both stability and opportunity in a highly desirable location. If you have been searching for homes for sale in Kingston Peninsula with investment potential or Kingston Peninsula, New Brunswick real estate that can generate income from day one, this opportunity deserves your attention. Ready to see it for yourself? Book your private showing today. (id:27476)
