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164 Queen Street
Saint John New Brunswick , E2L1S7 , Canada
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Wendy Duggan
Agent

Royal LePage Atlantic
Brokerage:
71 PARADISE ROW
Saint John, NB
E2K3H6
Phone: 506.658.6440
Fax: 506.658.1149
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Les Duggan
Agent Photo

Brokerage:
Royal LePage Atlantic
71 PARADISE ROW
Saint John, NB
E2K3H6
Phone: 506.658.6440
Fax: 506.658.1149
$449,900.00
MLS® NB105760
Investment
Lot Size: 4121 Square Feet
Remarks:
Turnkey 3 unit apartment building in Uptown Saint John. Each floor of this unique brick building features one large one bedroom unit that is fully furnished and move-in ready, giving you the flexibility to offer long or short term rentals, or to operate as an Airbnb to maximize your revenue possibilities. One unit is currently rented at $1900/month (utilities included) while the other 2 units are operated as Airbnb but with limited availability. Each unit has its own meter and all units have been recently renovated to offer open design, high ceilings, spacious kitchens, hardwood floors, newer appliances and all newer furnishings. Two units feature in-suite laundry. Two of the units can be offered vacant upon closing allowing you to decide how to operate your investment, with the potential to also be rented long term at around $1900/month each. You could easily choose to live in one unit (or keep it as a furnished vacation home) and cover most of your expenses by renting the other two. This property also features off street parking, the potential to add a 4th unit in the basement and can have all tenants pay their own utilities. 164 Queen St offers a great location, walkable to anywhere Uptown, a wonderful investment for the future in this growing city centre and potential cap rate of 10% or more depending on how hands-on you want to be. Don't overlook this rare opportunity, call today. (id:27)

Property Features:
  • Equipment Type: Water Heater
  • Property Type: Multi-family
  • Rental Equipment Type: Water Heater
  • Sewer: Municipal sewage system
Building Features:
  • Appliances: Refrigerator , Stove , Washer , Dryer
  • Building Type: Triplex
  • Exterior Finish: Brick
  • Foundation Type: Concrete , Stone
  • Heating Fuel: Electric , Natural gas
  • Heating Type: Baseboard heaters
  • Roof Material: Membrane
  • Roof Style: Unknown

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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