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120-124 Broad Street

Broad StCentral PeninsulaSaint JohnNB, E2L 1Y6

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Beds
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Baths
$389,900
List Price
120-124 Broad Street, Saint John, NB - 1 of 3
120-124 Broad Street, Saint John, NB - 2 of 3
120-124 Broad Street, Saint John, NB - 3 of 3
81 days on market

Quick Summary

  • Lucrative investment property with three expansive flats
  • Fully occupied building with stable rental income
  • Convenient natural gas connection, no oil storage issues
  • Significant local development, ideal for multi-unit ownership
  • Bottom and middle units have four bedrooms, extra storage
  • Top floor unit offers three bedrooms, dining room, ocean views
  • Rental income from three units totals $4,450 per month
  • Prime opportunity in thriving Saint John community

Seize the perfect opportunity to own a lucrative investment property in the heart of historic Saint John, NB. This fully occupied three-unit building at 120-124 Broad Street boasts three expansive flats, offering both comfort and convenience to tenants. The property is connected directly to natural gas, eliminating the hassle and... Show More

Seize the perfect opportunity to own a lucrative investment property in the heart of historic Saint John, NB. This fully occupied three-unit building at 120-124 Broad Street boasts three expansive flats, offering both comfort and convenience to tenants. The property is connected directly to natural gas, eliminating the hassle and potential concerns associated with oil storage tanks.Significant investments are happening in the area, including a new school and waterfront revitalization projects. Saint John is rapidly becoming an ideal location for owning a multi-unit building at an affordable price. The bottom and middle units each feature four bedrooms and a full bathroom, along with an extra storage room that connects to the back fire escape. Internal stairs provide easy access to the backyard. The top floor unit offers three bedrooms, a full bathroom, and a formal dining room with stunning ocean views.With rental income from the main floor at $1400 per month, the middle floor at $1350 per month, and the top floor at $1700 per month, this property is a sound investment. Don't miss out on this prime opportunity in a thriving community. Call today to schedule a viewing! (id:54626)

Property Details

Build

Year Built
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Model Name
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Basement
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Exterior
Vinyl, Wood
Foundation
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Builder Name
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Stories
3
Flooring
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Roof
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Heating & Cooling

Heating
Baseboard heaters, Hot Water
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system

Source

Listing Brokerage

MLS® Listing
NB102348
Last Updated
September 4, 2024
Brokerage
RE/MAX PROFESSIONALS
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