160-164 Mount Pleasant Avenue, Saint John

$895,000

0 Beds
0 Baths
0 Sqft
.22 Acres

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:6289)

Essential Information
Listing #NB110554
Price$895,000
Bathrooms0.00
Acres0.22
Year Built1860
TypeMulti-family
Sub-TypeFreehold
Community Information
Address160-164 Mount Pleasant Avenue
CitySaint John
ProvinceNew Brunswick
Postal CodeE2K3V2
Interior
CoolingAir Conditioned, Heat Pump
FireplaceYes
FireplacesGas
# of Stories3
Appliances

Refrigerator, Stove, Washer, Dryer

Heating

Electric, Natural gas Baseboard heaters, Heat Pump, Stove

Exterior
ExteriorStucco, Wood
FoundationConcrete
Listing Details
OfficeROYAL LEPAGE ATLANTIC

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