38-40 Cliff Street, Saint John, New Brunswick, E2L3A7
Dont miss this exceptional opportunity to own a fully rented 5-unit income property in the heart of uptown Saint John. This well-maintained building features a strong unit mix with two 1-bedroom units, two 3-bedroom units, and one fully furnished bachelor unitideal for both long-term and short-term rental strategies. Unit Breakdown: Unit 1: 1-bedroom with spacious living room, full kitchen, bath, and private deck. Unit 2: Fully furnished bachelor with recent updates including new kitchen, bath, and flooringperfect for short-term rentals. Unit 3: 3-bedroom with large living area, eat-in kitchen, full bath, laundry, and storage. Unit 4: 3-bedroom upper-level unit with oversized primary bedroom, full bath, eat-in kitchen, in-unit laundry, and ample storage. Unit 5: 1-bedroom with generous living space, eat-in kitchen, full bath, and storage. Please note, unit 2 fully furnished, This unit has been recently vacant. Rental income for this unit was $1200 per month. Total rental income was $69,600 per year. Leaving a net income of $54,007.78. Unit will remain vacant during the sale. Property Highlights: Prime uptown location within walking distance to all amenities Off-street parking included Excellent income potential with strong rental history Flexible configuration ideal for diversified investment portfolio Whether youre expanding your portfolio or entering the market, this turnkey property offers excellent value and versatility. (id:2471)
EXIT Realty Specialists Brokerage - Miramichi
- Property Address: 38-40 Cliff Street, Saint John, New Brunswick, E2L3A7
- Property Type: Multi-family
- Lot Size: 4003
- Acreage: 4003 sqft
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Access: Year-round access
- Storeys: 2
- Total Finished Area: 3600 sqft
- Heating Type: Electric, Baseboard heaters
- Exterior Type: Vinyl
- Flooring: Laminate, Tile, Hardwood
- Foundation Type: Concrete
Listing Office: SUTTON GROUP AURORA REALTY LTD.
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