160-164 Mount Pleasant Avenue Saint John, New Brunswick E2K 3V2

$895,000

This stunning, fully rented 5-unit multi-family property features large units and is located in a highly convenient area, close to the hospital, university, bus lines, schools, and Rockwood Park. The property, a beautifully renovated older home, offers a fantastic opportunity for investors seeking a money-making asset with solid rental income. Each unit is spacious and well-maintained, showcasing many modern updates while preserving the charm of its original design. The main floor unit is the flagship of this stately mansion. As you enter the foyer you will notice it grandness with the beautiful woodwork found in yester year. The units showcase a very large living room along with 3 bedrooms and 2 bathrooms. The kitchen in this unit features beautiful cabinetry, a 6 burner propane stove and a lovely propane fireplace. The rent for this unit is $2250 with heat included. The unit on 2nd & 3rd fl includes 4 bedrooms along with a billiards room (pool table included) and rents at $2100 At the back of the building there are 2 units with 2 beds 1 bath $1350 each. The side unit is 2 floors 3 beds 2 bath $1800. 4 units pay their own heat, 1 hot water tank is owned the other is rented @ $35 a month. There is ample parking for all units. With strong rental demand in the area, this is a prime investment with reliable cash flow. Dont miss out on this exceptional opportunity. Seller's Direction attached (id:50541)

Property Details

MLS® Number	NB110554
Property Type	Multi-family
Equipment Type	Water Heater
Rental Equipment Type	Water Heater

Building

Appliances	Refrigerator, Stove, Washer, Dryer
Constructed Date	1860
Cooling Type	Air Conditioned, Heat Pump
Exterior Finish	Stucco, Wood
Fireplace Fuel	Gas
Fireplace Present	Yes
Fireplace Type	Unknown
Flooring Type	Carpeted, Ceramic, Hardwood
Foundation Type	Concrete
Heating Fuel	Electric, Natural Gas
Heating Type	Baseboard Heaters, Heat Pump, Stove
Stories Total	3
Total Finished Area	1058 Sqft
Utility Water	Municipal Water

Land

Access Type	Year-round Access
Acreage	No
Sewer	Municipal Sewage System
Size Irregular	9601
Size Total	9601 Sqft
Size Total Text	9601 Sqft

https://www.realtor.ca/real-estate/27768005/160-164-mount-pleasant-avenue-saint-john