Pocologan, New Brunswick

Welcome to one of the most sought after RESORT STYLE BEACHFRONT MOTEL'S in Atlantic Canada right on the mighty Bay of Fundy! The current owners with over 35 plus years of goodwill will be retiring once they have found suitable new owners of this one of kind turn key opportunity! The Clipper Shipp Beach Motel offers FIFTY UNITS, private Waterfront (BEACHS) unobstructed panoramic views from balconies & patio's, most units with beautiful modern kitchenette's and bathrooms, your own BBQ, flat screen tv's, internet, Commercial BBQ's for family events. The property is a highly sought after location and saw extreme growth in rented room nights even during the pandemic. Most rooms are already booked for the summer months and have an extremely good Fall, Winter bookings annually. No expense Spared upgrading the property over the years and adding two newer Waterfront complex's such as the 18 unit and most recent 8 unit ! Included in this price will be adequate shorefront land to add additional buildings and revenues for even more substantial future growth as they are turning clients away on a continual basis because of full capacity. PLEASE NOTE: ALL POTENTIAL PURCHASERS MUST COMPLETE A FULL DISCLOSURE OF THEIR ABILITY TO PURCHASE CASH OR LOAN FOR A RESORT VENUE OF THIS NATURE FROM THEIR FINANCIAL INSTITUATION SIGNED BEFORE ANY FINANCIAL INFORMATION IS RELEASE ALONG WITH A CONFIDENTALITY STATEMENT. PLEASE CONTACT IF YOU REQUIRE MORE DETAILS!! (id:23029)

RE/MAX Professionals Saint John Inc. (S119)

Quispamsis, New Brunswick

All vehicles traveling on New Brunswick's busiest #1 HWY must drive by this location! Located in the Town of Quispamsis these two PARTICULAR PARCELS are prime for development with easy & immediate access off EXIT #141. Consisting of 66 acres (16.2 Acres zoned Commercial which allows shopping malls, banks, drive-in restaurants and many other commercial uses) AND 50 acres containing a hill of gravel, which can provide the aggregate for all the site work. (presently zoned RU - Residential & will require rezoning). These two properties combined enjoy a width of approximately 1,400 feet and a depth of 1,300+ feet (42 acre block) plus an additional 24 acres for surplus future development land with a hill of gravel. As an added note-- Approximately 500 mini - home owners must drive by this site every day. Municipal sewer is on site & municipal water 1 km away. Storm water management will be required. (id:23029)

RE/MAX Professionals Saint John Inc. (S119)

St. Andrews, New Brunswick

In one of the most desired areas of St Andrews by-the-Sea is the seven-acre estate Seabright bathed in natural light throughout its 11,000 square feet of living space. Comprised with 11 bedrooms, 7 full and 3 half baths, the casual elegance of your new home will allow you to entertain family and friends while creating lifelong memories. Four staircases, elevator, formal living and dining room, great room, family tv room, butlers pantry, office, library, wheelchair accessible shower, two master suites, walk in linen closet, covered porches, terraces and balconies. The captivating second level artists studio accesses an observation tower for full panoramic views of the nearby Passamaquoddy Bay and the award-winning Rod Whitmans designed golf course. The finished lower level features a tranquil spa and staff quarters with a separate entrance, laundry and 3 bay heated garage complete this extraordinary property. Book a private showing or choose our virtual tour. Taxes reflects non primary residence status. (id:23029)

Coldwell Banker Select Realty (S214)

Rothesay, New Brunswick

10 Unit, fully leased commercial Plaza on Hampton Rd. in Rothesay. Located beside Canadian tire, across the street from Shoppers Drug Mart, McDonalds, Tim Hortons, A&W, Dairy Queen and a branch of RBC. Easy access, paved parking, centrally located and high visibility. Long term leases in place, little maintenace needed for upkeep. Oringinal building built in 1988, in 2013 the foot print was almost doubled in size. Great investment property giving a cape Rate of 6%. Contact the listing agent for a Virtual Brochure. (id:23029)

Keller Williams Capital Realty (S223)

Quispamsis, New Brunswick

Great location in Quispamsis Industrial Park area, just off #1 Hwy Exit#142 travelling east or 141 travelling west. This dynamic property has 7.8 acres of developed yard space, plenty of room for trucks & storage. Currently the building houses 5 businesses and is full. The building's work garages total 4,720 sq ft. Complete with work pit & 7 overhead doors. Building footprint of 8680 sq ft with a total building sq footage 10,440. Separate heated drive thru wash bay (20x110). Building has 2 floors of office space totalling 2560 sq ft. Work garages have in floor heating supplied by waste oil furnace. Office space has HVS system with air conditioning. Financials available with signed Confidentiality Agreement (id:23029)

Keller Williams Capital Realty (S223)

Saint John, New Brunswick

This beautiful parcel of land could be so many things...Dream with me for a few moments and imagine the possibilities. It could be a Riverfront Hotel and Resort. It could be stunning mountain top condominium and garden home community. It could be a sports pavillion to bring athletes together. It could be private school or facility for wellness. It could be an expansion of the current subdivision. Or it could be someone's magnificent private estate. Anything is possible with the vision, patience and conversations with the municipalities. With over 1300 feet of Kennebecasis River Waterfront, the possibilities are all beautiful. Please reach out to have a conversation about what this could become. Minus the building lots, C7, C8, C9, C11, C12 and C13 located on Drury Cove Rd and C17 on Shoreline Drive (id:23029)

Keller Williams Capital Realty (S223)

Saint John, New Brunswick

Island with private causeway access. Own your own little piece of paradise and build your dream home or vacation retreat! Spectacular sunset views over the water from every angle of this island with extremely rare drive-on causeway access! This 9.36 acre island has over 1000 ft of shoreline and is located near upscale homes in the Millidgeville area of Saint John. The property features 2 sandy beaches as well as one large gravel beach. The underground power and telephone conveniently connects through conduit in the causeway and the building site is prepared. Deep water anchorage close to shore can easily accommodate yachts up to 150 ft with 10 drafts. Absolutely fantastic area for sail and power boating on the Kennebecasis River connecting to the St John River, Belleisle Bay, Washademoak Lake, Grand Lake, Grand Bay, the Saint John Harbour and the Bay of Fundy into the Atlantic! Walking distance to RKYC yacht club with the Saint John Regional Hospital, UNBSJ university, all levels of schools & the city center within a 5 minute drive. Rockwood Park with 2200 acres offering extensive outdoor activities is the largest park within any city in Canada and located 5 minuts from this property. (id:23029)

Coldwell Banker Select Realty (S214)

Out Of Board, New Brunswick

City Limits Convenience Store and Gas Bar has been operating for approx. 32 years. The Gas product has just been changed to Shell Gas and the pumps are relatively new and owned by the vendor. The gas storage tanks are 15 years young approximately. The convenience store, bakery, and restaurant do a very healthy business. Business continues to grow year after year. There is also a seasonal Ice Cream Parlor (20x23) located separately from the main building. The volume of business is attributed to the fact that the business is located in the main hwy #11 and intersection North Napan Rd) from Miramichi City and Moncton. The property has been very well maintained by the owners. there is a 2400 sq ft approx. residential apartment located upstairs in which the owners can choose to reside in or they can rent it out which is what the existing owner has been doing. The gas storage tanks are double walled fiberglass. There are 3 storage tanks, 35000 liters regular fuel, 25000 liters of supreme, and 25000 liters of diesel fuel. Due to the sensitive and confidential aspects of this very profitable business, financial information relating to this business will only be provided to those who provide a signed & completed Non Disclosure Agreement (NDA) which can be provided by Hodges Hamm in advance of releasing confidential & sensitive information as well as proof of Identity. The Owner is open to other ways of structuring this transaction. (id:23029)

RE/MAX Professionals Saint John Inc. (S119)

Rothesay, New Brunswick

Must see building and property. This multi-unit is a stunner! Very profitable 15 unit Apartment Building nestled in the heart of Rothesay. Close to all amenities. Tenants pay own electricity and heat. The building and grounds are extremely well cared for. Non-smoking building and limited pet policy. Some units have balconies. Units are in excellent condition, and are well cared for. All units are rented, with a waiting list for any future vacancies. Building has 12(twelve) 2 bedroom units and 3 (three) 1 bedroom units. Each unit has five appliances, including in-suite laundry. Halls and stairs are spacious for easy tenant move-ins. Bathrooms feature extra storage not found in similar units. Current financials project annual net income in excess of $ 131,000 (id:23029)

Exit Realty Specialists (S181)

Saint John, New Brunswick

Palatine Building,circa 1878, is a 3 1/2 storey stone Second Empire commercial/residential historically significant on Saint John's most beautiful streetscape in the Trinity Royal area & features in its many exterior carvings, a gargoyle spitting out coins associating it with the original use as the Bank of Nova Scotia. Elaborate twin entrances, ground floor Roman arch windows in the central bay separated by polished red granite columns with decorative Corinthian capitals makes this one of the most impressive buildings in Canada. Stunning restoration, renovation & condition with added features for todays lifestyles that include many outside spaces for the occupants-from yard patio, 8 designated parking spots, private roof top patio that looks over & out to the mighty Bay of Fundy. (Complete reno list available ). Main floor currently art gallery-the exposed brick walls, rough beamed ceilings & open space with private street entrance. A secure 2nd ground floor entrance vestibule leads to 2nd floor office, approx. 2500 sq ft with its own rear entry to back deck & parking. 3rd & 4th floors house 2 loft apartments on each floor-all with exceptional amenities that portray the urban New York vibe. Enjoy sunny days, evening dining & drink in the sunsets on the rooftop deck with optimum ocean views. Currently fully leased & restored top to bottom, this incredible property is a perfect fit for the passionate owner occupied/long term investor. Uptown lifestyle like no other. (id:23029)

RE/MAX Professionals Saint John Inc. (S119)

Saint John, New Brunswick

Palatine Building,circa 1878, is a 3 1/2 storey stone Second Empire commercial/residential historically significant on Saint John's most beautiful streetscape in the Trinity Royal area & features in its many exterior carvings, a gargoyle spitting out coins associating it with the original use as the Bank of Nova Scotia. Elaborate twin entrances, ground floor Roman arch windows in the central bay separated by polished red granite columns with decorative Corinthian capitals makes this one of the most impressive buildings in Canada. Stunning restoration, renovation & condition with added features for todays lifestyles that include many outside spaces for the occupants-from yard patio, 8 designated parking spots, private roof top patio that looks over & out to the mighty Bay of Fundy. (Complete reno list available ). Main floor currently art gallery-the exposed brick walls, rough beamed ceilings & open space with private street entrance. A secure 2nd ground floor entrance vestibule leads to 2nd floor office, approx. 2500 sq ft with its own rear entry to back deck & parking. 3rd & 4th floors house 2 loft apartments on each floor-all with exceptional amenities that portray the urban New York vibe. Enjoy sunny days, evening dining & drink in the sunsets on the rooftop deck with optimum ocean views. Currently fully leased & restored top to bottom, this incredible property is a perfect fit for the passionate owner occupied/long term investor. Uptown lifestyle like no other. (id:23029)

RE/MAX Professionals Saint John Inc. (S119)

Saint John, New Brunswick

Welcome to 460 City Line, a lovely 12-unit building on Saint Johns scenic West Side with a view of the Bay of Fundy. Great location on the bus route and only minutes to the Irving Nature Park, Bay Shore Beach, and Uptown. This like new building has been completely overhauled from top to bottom, not a single detail has been overlooked. All 12 units have undergone extensive renovations and feature all new exteriors, entrances and hallways as well as interiors with new kitchens, in suite laundry, bathrooms, windows, patio doors, electrical, plumbing and more. The building consists of eleven 2-bedroom units and one 1-bedroom unit, all with their own in-suite laundry. All units use electric heat with their own meter and tenants are responsible for their own heat and lights. Pride of ownership is evident throughout. With 100% occupancy at market rents on one year leases and a net operating income of $146,661.02, this building is a welcomed addition to any portfolio. (id:23029)

Coldwell Banker Select Realty (S214)

St. Andrews, New Brunswick

Stunning home in the heart of St Andrews. This property is truly impressive - it's been thoughtfully renovated to be wonderfully functional. You'll love the stunning kitchen with gorgeous cabinets and countertops, deep undermount double-sink, 6-burner gas stove with pot-filler above, wine cooler and electric fireplace. The large island and the way the kitchen flows nicely to the sophisticated dining area and to the large private deck outside make this space perfect for entertaining! The main floor also features a large welcoming entranceway, parlour, formal dining room, family room with wet-bar and 2 powder rooms. On the second level the Principal bedroom has a walk-in closet and gorgeous en suite with tiled shower. There are 2 other bedrooms and a washroom with full-sized laundry on this level as well. Above the three-car garage is an impressive games room, a spacious gym with an impressive washroom with oversized tiled shower. This exceptionally well-maintained home sits on a manicured corner-lot on a quiet street just steps from downtown. It's an absolute MUST-see! (Note- the games room and gym are accessible from within the home and the space could easily be renovated into an apartment) (id:23029)

Sutton Group Aurora Realty Ltd. (S222)

Quispamsis, New Brunswick

If recent events have taught us anything, its the importance of living a life with purpose and intention. Come home to Hammond River Road in Quispamsis New Brunswick on Canada's East Coast and live the life that you were meant for. Your home will be your haven when you wake up to sunrises overlooking your 14.55 acres of pristine acreage stretching down to the Hammond River anchored by your equestrian jewel. Newly built (4 years), barn has been thoughtfully constructed with all the amenities and upgrades which have been purposefully designed by an award winning horse trainer. The 200' x 400' outdoor riding pen will be a coveted feature. The important barn features include 70' x 120' indoor arena with LED lights, insulated overhead doors, heated office with large viewing window to indoor arena, heated bathroom & laundry room with full size washer/dryer, wash stall with hot & cold water, system fence stalls (10'x12') with swinging feed doors, spacious 16' wide aisles, open tack room with bridle racks and additional space for saddles, as well 18' ceilings in the barn providing exceptional light and ventilation. This will be your haven as you unwind and catch up on the days events under your covered verandah. The farm house offers 3 bedrooms, home office, entertaining size kitchen and huge family mudroom. 2 hardwood staircases to the top level and large basement for storage with a fully ducted heat pump. View the 3D tour to see, feel and experience our East Coast way of life. (id:23029)

RE/MAX Professionals Saint John Inc. (S119)

St. Andrews, New Brunswick

Fort Tipperarys expansive 50-foot Great Room, deep cove mouldings, highly polished Douglas Fir plank floors, spacious hallways, distinctive fireplace mantels, princess balconies and deep covered verandah speaks to gracious living. While originally designed and built in the early twentieth century, this six-bedroom was totally rebuilt from its stone foundations upwards, all to modern commercial codes and using only the latest, highest-quality, and energy-efficient materials. A shingle-style home, much preferred in Saint Andrews by those wealthy Canadians who built their summer homes in this historic seaside town, Fort Tipperary harkens back to warm afternoon tea parties while affording current owners every conceivable modern comfort and efficiency. Its large well-landscaped acreage offers beautiful ocean views as does it balconies and 2000 sq ft covered veranda; the interior is graced with two wood-burning, two gas-burning and one pellet-burning fireplaces, main floor master suite, family room, laundry room and library, and the full basement with its 600-amp entrance is ideal for a myriad of inspired home projects. Fort Tipperary is located within walking distance to the towns many amenities, as well as the Algonquin Resorts pools, world famous golf course, spa and fitness center. (id:23029)

RE/MAX Professionals Saint John Inc. (S165)

St. Andrews, New Brunswick

This famous historic Kennedy Inn & Suites has had extensive upgrades and renovations with today's modern amenities. New steel roof 2019 and many more upgrades! This exceptional Inn offers decades of good will, great income and exceptional long term management and staff! Full elevator service and multiple business opportunities. You are immediately out of the gate running earning income. An elegant foyer reception front desk will greet you leading to your choice of 23 units (furnished). A local favorite is the existing Shire Town Pub & Restaurant and if one desires would perfectly transition into a crowd pleasing micro brewery adding an incredible opportunity to generate even more additional income and clientele as it s perfectly set up to go. 2 separate dining rooms with 150 seat capacity, fully equipped modern commercial Kitchen offers on site full menu to all three dining areas and off site catering as well ie: wedding, conferences, etc. A separate 2 bedroom managers unit. Plus it includes the adjacent building with anchor tenants and additional income plus a future 2 bedroom 2 level unit overlooks the public wharf. The prime turn key business with exceptionally trained existing staff awaits you. Financials are only available to qualified buyers with signed confidentially agreement and a letter of ability to purchase commercial property in this price range. (id:23029)

RE/MAX Professionals Saint John Inc. (S119)

Newcastle Centre, New Brunswick

Incredible opportunity awaits with this extraordinary 570+/- acre property located at the head of Grand Lake. The package includes 80 +/- acres of lakebed, 115 +/- acres of submerged land/ponds with flow-through drainage through Ghost hollow Brook into Salmon Bay, 375 +/- acres of forested land including natural forest with impressive burr oaks and regenerated forest. The property is navigable by waterway: down the Salmon River from Chipman and connects to the St John River system through Grand Lake all the way to the Bay of Fundy at Saint John. Miles of waterfrontage with extensive gently sloping shoreline. Resident fish population include smallmouth bass, trout, landlocked salmon eels and other species. Diverse aquatic habitat offers unique opportunities, rarely available. Set your imagination free with the opportunity to develop for residential, recreational activities, trails, wilderness experiences, aquaculture, really the possibilities are endless Be sure to watch the video to appreciate the vastness and uniqueness of this property. Conveniently located 45 min from Fredericton, 8 min from Minto and 25 min from Chipman (id:23029)

Sutton Group Aurora Realty Ltd. (S222)

St. Andrews, New Brunswick

The Peacock Farm, completely renovated traditional farmhouse is situated to have panoramic views, located next door to the iconic Rod Whitman designed golf course. This welcoming kitchen area has a vaulted ceiling with wide beams, a propane range, oven and vintage farmhouse sink. The great room portion has a beautiful antique marble surround propane fireplace and two sets of French doors opening onto the deck that overlooks the pool. The walls are papered with grass-cloth which features elegance and an element of nature. Beyond the dining room is a back hallway that leads to a two piece washroom and the downstairs laundry room and a study, a staircase which leads to an office, large bedroom and bath, ideal for a self-contained in-law suite. The large drawing room has a wood burning fireplace and two delightful bay windows. A impressive main level primary bedroom with spacious walk in closet, built in cabinets and french doors that lead out to the front terrace with ocean views. Pretty natural light to start your day! The ensuite hosts a marble topped vanity, a large walk in shower and claw foot tub. The second level hosts three fair sized bedrooms including an alternate master suite complete with den & ensuite, perfect for overnight guests. The entire home including the new pool house has been renovated to keep the farm style charm but with current updates all with quality workmanship. A private oasis just minutes from the heart of St Andrews! (id:23029)

Coldwell Banker Select Realty (S214)

Nauwigewauk, New Brunswick

Have you ever heard the term million dollar view? This stately 2 storey custom build home is perched nicely on the hilltop w/ stunning views & complete privacy. You can see clear to Norton and beyond. Beautiful curb appeal, windy paved driveway, immaculate grounds, lush gardens & stone walkway. Foyer w/ French doors on either side. One side is formal living rm, the other is a family rm w/ propane fireplace. Formal dining rm, large breakfast nook, country kitchen w/ plenty of cabinets & butcher block island w/ second sink & access to the back yard oasis. Huge deck, pergola, gazebo, cook house, pool house w/ bathroom & outdoor shower, gorgeous inground pool w/ an amazing view & stone patio. Main floor laundry, ½ bath & office finish off the main floor. Up Boasts a full bath & 4 bedrooms including a large primary suite w/ living area, heat pump, walk in closet & 5 pc ensuite w/ jet tub. Down is unfinished w/ loads of storage space, rough-in for 4th bath, wood furnace, 400 amp service, Generator panel, newer ducted heat pump & walk out to attached garage. 32x42 detached garage w/ heat pump, in-floor heat, loft w/ roll up door, a 2nd heat pump & in floor heat. Great for storing your toys or gatherings. 30x60 shop down below w/ 14ft door, ½ bath, in-floor heat & office space. Would be great for any hobby or home-based business. Could be converted to a barn with several stalls in the 2- 10x60 covered verandas and access to 45+ acres. This property must be seen to be appreciated. (id:23029)

RE/MAX Professionals Saint John Inc. (S119)

Out Of Board, New Brunswick

SO MUCH TO SAY, SO LITTLE ROOM. Beautiful farm in an ideal location in NB, near NS border and an hour from PEI! Lots and lots of land (649.89 acres), 162 acres of great farm ground, tap Maple trees, blueberries, raise livestock of any kind - barns & buildings galore and 2 homes! The primary home is simply gorgeous; 1 level with an empty slate - walk-out basement that could be a private suite or additional living space for a large family; main level features: open-concept custom kitchen, dining and living with cathedral ceiling, hardwood floors, so many windows and incredible country vistas in all directions, 3 bedrooms, 1.5 baths, main floor laundry, office, front and side entries and if that is not enough, it has a stunning sun-room that overlooks the in-ground pool that offers that resort feel and it is completely fenced for privacy. The second home is traditional farmhouse; large kitchen, living room, dining room, main floor laundry and 4 pc bath, 3 bedrooms, garage and mudroom. This farm has 2 locations aside from the primary home location; all on the same road, amazing farm opportunity! Call today to view! It's rare to find so much for so little. PART OF PID 900530/PAN 2168414 (excluding 40 acres, prior to closing), PID 70036686/PAN 6217100, PID 70053618/PAN 6217126, PID 70216916/PAN6460826, PID 70385307/PAN 3988223, PID 70036645/PAN 6460834, PID 900340/PAN 2168422, PID 900332/PAN 2168545, PID 900365/PAN 6460795, PID 70065503/PAN 2168650, PID 70063953/PAN 2168430 (id:23029)

Coldwell Banker Select Realty (S214)

Saint John, New Brunswick

GATED & LOCKED ACCESS PRESENTLY OFF Clark Road- CALL FOR KEY!!!! .Huge Resource & residential development lands fronting on the #1 Hwy and stretching back to Golden Grove road. These lands also enjoy a source of unlimited electrical power with a main transmission line running northeast through these lands, with an approximate length of 755 meters (2,478 feet). Whether residential, wind farm or resource uses, having this energy power line is definitely an asset!! The lands are approximately 718 meters wide(2,358') and stretches from the #1 HWY to the Golden grove road area, approximately 2.6 Kilometers back. With an absolute base elevation of approximately 142 feet, there are 6 separate mountain ranges of aggregates, ranging in elevations from 206 feet to 370 feet providing Millions of metric tones of various aggregates. One of the mountain ranges is believed to be full of gravel (past potato farm). Another bonus with this land assembly is the possibility of using PID# 2440507 to develop another road system using the existing "" provincial access road"" at the Renforth Interchange. (permitting required). Lands where last pulped in the 1960's. Great Location and Investment lands. List price only $2,400/ acre. (id:23029)

RE/MAX Professionals Saint John Inc. (S119)

St. Andrews, New Brunswick

Beautiful and spacious both inside and out, this property is on a double-width landscaped and fenced lot surrounded by other historically significant homes and a block down from the front door of the famous Algonquin Hotel and Resort . The center of this home was originally designed and constructed by Sir Edward Maxwell . Many of the heritage features are still intact along with the two additional wings that were added on at a later date, copying the same Maxwell style. A feeling of space and light pervades the home in every room. The glassed central entry leads to the open concept kitchen and dining room to the right. Recently upgraded, this classic white Avondale kitchen with corner pantry and center island is perfect for family and entertaining. Entering the attached north wing through the secondary entry/mudroom, leads through to the private office /den/ granny suite with built-in cabinetry ,a laundry , and a full bath. To the left of the center entryway is the great room with a cozy dual electric and wood marble fireplace providing added warmth and ambiance. Sliding doors lead to the sunny West-facing 3 level back deck and expansive landscaped yard. The south wing of the home encompasses three spacious bedrooms and a full bathroom. Upstairs is a secluded master bedroom retreat with full ensuite bath and generous built-in storage. This special property could be your forever home. Inspect for yourself and be prepared to fall in love! (id:23029)

Coldwell Banker Select Realty (S214)

Saint John, New Brunswick

Snooze-Ease Sleep Centre Inc, a well-known Saint John business, is ready for new ownership! This notable turnkey company was started in 1992 and includes all hard assets (furniture, fixtures, equipment, inventory). The owner has decided to retire after 30 years but is leaving the business with reliable, long-term managers in place. This is the perfect opportunity for any entrepreneur, with consistent revenue over the past 5 years and a membership to a buying group that provides solid wholesale discounts and rebates from major manufacturers. Don't miss your chance to own this profitable business! (id:23029)

Coldwell Banker Select Realty (S214)

Saint John, New Brunswick

This is your opportunity to acquire a well maintained, stable tenancy, 12 unit apartment building in a prime location in Saint Johns highly desired Millidgeville area. The property offers 11, two bedroom units, and a single one bedroom unit with ample parking onsite. See attached multi-media presentation. This property sits on slightly over ¼ of an acre on Somerset Street, which links Uptown Saint John and the harbour front area, with the hospital and university campuses. All units are large & bright, with the two bedroom units measuring approximately 850 square feet. There is a well kept coin-operated laundry room, and a small storage barn outside. All windows were replaced with high end, energy efficient thermal windows in 2019 (a $40,000 capital expenditure). See the attached supplements which contain the rent roll and financials. The property has a Market Cap Rate of 4.93%. Pride of ownership is evident when entering, which leads to long term tenants. The vacancy rate on this property has been zero for the past 10 year, other than for painting or renos. Theyve been able to rent prior to tenants moving out. This is one of the few local income properties which need no improvements made on day one. All measurements are to be confirmed by the buyer prior to close. Limited viewings available to accommodate tenants. Fully rented, month to month tenants. (id:23029)

Sutton Group Aurora Realty Ltd. (S222)