29 Wellington Row, Saint John, New Brunswick E2L 3H4

Listed for:
$689,000
0 beds
0 baths
Listed 9 days ago
Fourplex for rent: 29 Wellington Row, Saint John, New Brunswick E2L 3H4

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About

From Union north on Wellington. A rare opportunity to own an exceptionally handsome circa-1871 red-brick Georgian-style building on one of Uptowns most distinguished ceremonial blocks. Set just steps from major Uptown employers, amenities, and the walkable historic core, this fully leased four-unit property blends period character with refreshed interiors and strong income appeal for investorsor for an owner-occupier seeking a signature downtown address with built-in revenue. The top floor offers a spacious three-bedroom, full-floor apartment; the main level includes two one-bedroom apartments; and the lower full level features a two-bedroom unit. Each residence has its own private laundry facilities, and the large rear yard provides surface parking with one dedicated space per tenant. The property is fully occupied and leased, with approximate annual net cash income/EBITA of $43,000. Current rents are: Unit 01, two-bedroom, $1,400; Unit 02, one-bedroom, $1,230; Unit 03, one-bedroom, $1,180; and Unit 04, three-bedroom, $1,900. Tenants pay their own electricity, including heat and lights, and parking is included for each unit. Full financials are available upon request. Twenty-four hours notice is required for showings. (id:27476)

Property Highlights

MLS® Number
NB142764
Type
Multi-family
Ownership Type
Freehold
Land Size
5005 sqft

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
4800 sqft
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Walk out
Building Heating Type
Baseboard heaters, Heat Pump
Heating Fuel
Electric
Building Cooling Type
Heat Pump

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
SUTTON GROUP AURORA REALTY LTD.
MLS® number:
NB142764
Agent:
Bob Mcvicar
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