4-Plex For Sale in Saint John, NB

Investor alert! Situated on one of the main arteries into Saint John's city centre (Uptown), this well-priced fourplex offers an excellent opportunity to generate revenue. The building houses four units, including a 3-bedroom, 2-bedroom, 1-bedroom with bonus area, and another 1-bedroom apartment. Each apartment has its own electric meter. Units are spacious with modern, open layouts. The property is situated high and dry on a hill, but is not far from a waterfront park, Saint John Power Boat Club, and offers water views. The property benefits from various updates, some newer windows, a handsome brick facade, and neighbourhood amenities. It is located on a Saint John Transit bus route as well as school bus routes serving both the English and French school boards.

Whether you are looking for a place to call home with three supplemental incomes, or strictly a revenue property, this building has fantastic potential! The neighbouring building is offering 1-2 bedroom apartments at $750-$800+ per month with no heat or electricity included and units are renting as they become available.

This property does require work and is being offered on an as is where is basis. Buyer to verify all information prior to closing. Vendor-backed financing or rent-to-own will not be considered. Four fridges and four stoves are included with the sale. Please note that Google Street View does not accurately portray Main Street; it is undergoing a major transformation.

Please click on the multimedia link for a website offering contact details, investor and financial info, additional photos, as well as city and neighbourhood information.