31-33 Peters Street, Saint John, New Brunswick E2L 2Z8

Listed for:
$679,000
0 beds
0 baths
Listed 15 days ago
31-33 Peters Street, Saint John, New Brunswick E2L 2Z8

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About

From Main Street, turn onto Peters Street; property is 31 - 33 on the left. 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:27476)

Property Highlights

MLS® Number
NB137712
Type
Multi-family
Ownership Type
Freehold
Land Size
374 m2

Building

Square Footage
3300 sqft
Exterior Finish
Metal, Vinyl
Fireplace Present
No
Basement Type
Full (Unfinished)
Basement Features
Building Heating Type
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
EXIT Realty Specialists
MLS® number:
NB137712
Agent:
Patricia Gallagher
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