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Renanza Realty
For sale

31-33 Peters Street

Saint John, New Brunswick

MLS® NB137712

$609,000

Status
Active
Property type
Multi-family
MLS® number
NB137712
Bedrooms
Bathrooms
Year built

Listing 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

Property summary

MLS® number
NB137712
Property type
Multi-family
Square footage
3,300 sq ft
Title
Freehold
Land size
374 square meters
Annual property taxes
$4,708.00
Days on market
135 days

Features & details

Heating
Electric
Basement
Unfinished, Full
Flooring
Laminate
Appliances
Washer, Refrigerator, Stove, Dryer
Exterior features
Vinyl, Metal

What would this home cost you?

Based on the $609,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,834 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of EXIT Realty Specialists, Saint John.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.