Saint John, NB E2K1M2,53 Newman Street
Saint John, NB E2K1M2,53 Newman Street
Saint John, NB E2K1M2,53 Newman Street
Saint John, NB E2K1M2,53 Newman Street
Saint John, NB E2K1M2,53 Newman Street
Saint John, NB E2K1M2,53 Newman Street
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Kevin Hollohan

Kevin Hollohan

+1(506) 447-2896
$ 299,999
Est. payment | /mo

2,624 SqFt

Save
$ 299,999
Est. payment | /mo
Save

2,624 SqFt

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

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. Note that the income noted is factoring in the potential income for unit #1. (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

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Kevin Hollohan

+1(506) 447-2896

kevin@506realty.ca

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