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53 Newman Street Saint John, NB E2K1M2
2,624 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,624 sqft
Price per Sqft $114
MLS® Listing ID NB131539
Lot Size 5,009 Sqft
Acres 0.115
Property Sub-Type Freehold
Source New Brunswick REALTORS®
Property Description
Welcome to 53 Newman Street, a well maintained three unit building located just minutes from the city centre. This property has been owned by the same owner for many years and has seen numerous upgrades over time, including electrical, plumbing, roofing and more, offering buyers peace of mind. Each unit features baseboard electric heat with separate meters, making it an ideal setup for investors. The unfinished basement provides excellent future potential with the opportunity to create a fourth unit, subject to the necessary approvals. Current rents are well below market value, and Unit 1 is vacant, allowing a new owner the flexibility to set market rent or occupy the unit while improving the overall income potential. With a strong location, solid improvements already completed and clear upside, this property presents an excellent opportunity for investors looking to add value and grow their portfolio. Contact today for full details or to arrange a viewing. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Laminate, Vinyl
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Lot Description Landscaped
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Professionals
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