NB
Saint John
E2L2Z8
31-33 Peters Street St
31-33 Peters Street St, Saint John, NB E2L2Z8
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Listing Type
Multi Family
Listing Status
Active
43
$679,000

Home Details for 31-33 Peters Street St

Price
$679,000
Type
Residential Income
Days on site
9
Listing #
NB137712
Property Description

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:31684)

Property Features
  • Heating Information
    • Electric
Listing Courtesy: EXIT Realty Specialists
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EXIT REALTY ASSOCIATES
260 Champlain St, Dieppe, NB E1A 1P3
Nicolas Larochelle
License #: 170553
Sales Representative
Office
506-382-3948
Agent
506 227 1802
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