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Renanza Realty
For sale

35 Centennial Drive

Saint John, New Brunswick

MLS® NB150393

$1,950,000

Status
Active
Property type
Multi-family
MLS® number
NB150393
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Don't miss your chance to own this solid, purpose-built 11-unit apartment building in a fantastic location! Offering an excellent unit mix of 3 three-bedroom units, 6 two-bedroom units, and 2 one-bedroom units, this property presents an incredible opportunity for investors looking to expand their portfolio. The building has seen numerous improvements, with 7 units fully updated and 2 partially updated, leaving very little work for the next owner.

Currently, 9 of the 11 units are occupied, with the 2 vacant units already updated and ready for new tenants. Some units offer beautiful views of the bay, adding to the property's appeal. Additional features include a secure fob entry system, on-site security cameras, and common laundry facilities.

Storage lockers are currently under construction, offering another potential revenue stream once completed. With its solid construction, desirable location, numerous upgrades, and potential for additional cash flow, this is a rare opportunity to acquire a substantial multi-unit investment property. Opportunities like this don't come along often.

Contact your favourite REALTOR® to book your private viewing today!

Property summary

MLS® number
NB150393
Property type
Multi-family
Size
9,500 sq ft
Title
Freehold
Land size
1812 square meters
Annual property taxes
$15,943.02
Days on market
6 days

Features & details

Heating
Natural gas
Basement
Partially finished, Full
Flooring
Laminate, Carpeted, Vinyl
Appliances
Washer, Refrigerator, Stove, Dryer
Exterior features
Vinyl

What would this home cost you?

Based on the $1,950,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$9,073 /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 RE/MAX Professionals, 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.