Seize the perfect opportunity to own a lucrative investment property in the heart of historic Saint John, NB. This fully occupied three-unit building at 120-124 Broad Street boasts three expansive flats, offering both comfort and convenience to tenants. The property is connected directly to natural gas, eliminating the hassle and potential concerns associated with oil storage tanks.Significant investments are happening in the area, including a new school and waterfront revitalization projects. Saint John is rapidly becoming an ideal location for owning a multi-unit building at an affordable price. The bottom and middle units each feature four bedrooms and a full bathroom, along with an extra storage room that connects to the back fire escape. Internal stairs provide easy access to the backyard. The top floor unit offers three bedrooms, a full bathroom, and a formal dining room with stunning ocean views.With rental income from the main floor at $1400 per month, the middle floor at $1350 per month, and the top floor at $1700 per month, this property is a sound investment. Don't miss out on this prime opportunity in a thriving community. Call today to schedule a viewing! (id:47421)
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Detailed Information
Equipment
Water Heater
Municipal ID
00000463
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Building
Appliances
Refrigerator, Stove, Washer, Dryer
Exterior Finish
Vinyl, Wood
Heating Fuel
Natural gas
Heating Type
Baseboard heaters, Hot Water
Stories Total
3
Total Finished Area
4200 sqft
Type
Triplex
Utility Water
Municipal water
Land
Total Size
0.09 acres
Sewer
Municipal sewage system
Size of Irregular Land
0.09
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