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:55272)
Property Details
| MLS® Number | NB118787 |
| Property Type | Multi-family |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
| Structure | Shed |
Building
| Appliances | Refrigerator, Stove, Washer, Dryer |
| ExteriorFinish | Vinyl |
| FlooringType | Ceramic, Laminate, Hardwood, Wood |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 3 |
| TotalFinishedArea | 6600 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Year-round Access |
| Acreage | No |
| LandscapeFeatures | Partially Landscaped |
| Sewer | Municipal Sewage System |
| SizeIrregular | 3287 |
| SizeTotal | 3287 M2 |
| SizeTotalText | 3287 M2 |
https://www.realtor.ca/real-estate/28335725/1081-manawagonish-road-saint-john
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Andrea Davies
Salesperson
53 Clark Road
Rothesay, New Brunswick E2E 2K9
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May 20 2025 04:42:48
Saint John Real Estate Board Inc
Exp Realty