1081 Manawagonish Road Saint John, New Brunswick E2M 3X5
$850,000
Welcome to 1081 Manawagonish Road a historic and income-generating gem on Saint Johns West Side! This 5-unit multi-family property offers an excellent blend of character, updates, and cash flow. Steeped in over 100 years of history, this building has been completely updated throughout, including roof, wiring, plumbing, and more, while maintaining its timeless charm. The unit mix includes one 1-bedroom, two 2-bedroom, and two 3-bedroom apartments, each with its own in-unit washer and dryera highly desirable feature for tenants. All units are separately metered, and tenants pay their own heat and lights with rents at $1107, $1000, $1500, $1500 and $1290. keeping your operating costs low. With off-street parking, strong rental demand, and a gross income of $76,340, this property boasts an approximate net income of $53,292 annually after $23,048 in expensesmaking it a solid performer in your investment portfolio. Conveniently located close to bus routes, schools, shopping, and all west side amenities, this turn-key property is a standout opportunity. Call today to schedule your private viewing and add this 5 Unit to your investment portfolio. (id:61805)
Property Details
| MLS® Number | NB118787 |
| Property Type | Multi-family |
| Neigbourhood | Quinton Heights |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Structure | Shed |
Building
| Appliances | Refrigerator, Stove, Washer, Dryer |
| Exterior Finish | Vinyl |
| Flooring Type | Ceramic, Laminate, Hardwood, Wood |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Total Finished Area | 6600 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Landscape Features | Partially Landscaped |
| Sewer | Municipal Sewage System |
| Size Irregular | 3287 |
| Size Total | 3287 M2 |
| Size Total Text | 3287 M2 |
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May 20 2025 04:42:48
New Brunswick Real Estate Board
Exp Realty