2144,2149 Ocean Westway Saint John, New Brunswick E2M 5H6
$3,800,000
Welcome to 2144 and 2149 Ocean Westway, a fantastic investment opportunity featuring 19 fully renovated one-level, units ideal for professional workers. The property is in excellent condition and situated in a desirable area, offering easy access to the highway and nearby amenities. With strong rental numbers and modern updates throughout, this like-new property offers impressive financials. The total annual rental income is $312,600, with units rented at varying rates: 2 at $ 1,100, 2 at $ 1,200, 1 at $ 1,250, 10 at $ 1,400, 2 at $ 1,500, and 2 at $ 1,600. Estimated annual expenses include $21,984 for taxes, $5600 for water and septic, $5000 for electricity, $10,301 for insurance, and $6986 for snow removal and garbage, totaling approximately $49,871. This results in an estimated net income of $262,729. For serious investors seeking a high-performing and low-maintenance property, this is well worth a closer look. (id:55272)
Property Details
| MLS® Number | NB136310 |
| Property Type | Multi-family |
| EquipmentType | None |
| Features | Level Lot, Sloping |
| RentalEquipmentType | None |
Building
| Appliances | Refrigerator, Stove, Washer, Dishwasher, Dryer |
| ExteriorFinish | Vinyl, Wood |
| FlooringType | Vinyl |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 1 |
| SizeInterior | 9500 Sqft |
| TotalFinishedArea | 9500 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Year-round Access, Public Road |
| Acreage | Yes |
| LandscapeFeatures | Landscaped |
| Sewer | Septic System |
| SizeIrregular | 3.27 |
| SizeTotal | 3.27 Ac |
| SizeTotalText | 3.27 Ac |
https://www.realtor.ca/real-estate/29541897/21442149-ocean-westway-saint-john
Interested?
Contact us for more information
Tim Somerville
Salesperson
71 Paradise Row
Saint John, New Brunswick E2K 3H6
Michael Dempsey
Salesperson
71 Paradise Row
Saint John, New Brunswick E2K 3H6
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April 01 2026 01:53:00
Saint John Real Estate Board Inc
Royal LePage Atlantic