Large 3-Unit Building In Idealized Location

11 Prospect Street, Saint John

This sprawling 3-unit building each with 3-bedroom apartments sits just beneath the Mount Pleasant area of Saint John and is still in great placement to walk to Rockwood Park, Lily Lake, Saint John Public Gardens, Origins Childcare and Uptown Saint John. The street itself is on a cul-de-sac signifying its quietness and neighbourly feel. Being fully occupied with fantastic tenants shows the demand is solid for rentals here. Off street parking is available at this building with a 5-car garage to generate storage income of cars, motorcycles and small equipment with the potential that the loft could be converted into a fourth apartment. This building has been taken care of with each unit reflecting care and attention with several updates. The building was recently converted to have baseboard electric heat with each tenant currently paying their own hydro. Monthly incomes are as follows, Unit 1: $950, Unit 2: $1000, Unit 3: $1050. Laundry hook-ups are placed in all units with each unit having their own set of perks as separate entryways, sprawling floorplans, large windows showcasing views of the City. This building offers current and prospective potential while being situated in a convenient, friendly neighbourhood with outstanding access to amenities.

$349,900

NB068559

MLS LISTING ID

3,600

SQUARE FOOTAGE

3

NUMBER OF UNITS

3

Bedrooms per unit

1

bathroom per unit

Photo of Lesley Oland

Lesley Oland

Listing agent Contact Lesley
This sprawling 3-unit building each with 3-bedroom apartments sits just beneath the Mount Pleasant area of Saint John and is still in great placement to walk to Rockwood Park, Lily Lake, Saint John Public Gardens, Origins Childcare and Uptown Saint John. The street itself is on a cul-de-sac signifying its quietness and neighbourly feel. Being fully occupied with fantastic tenants shows the demand is solid for rentals here. Off street parking is available at this building with a 5-car garage to generate storage income of cars, motorcycles and small equipment with the potential that the loft could be converted into a fourth apartment. This building has been taken care of with each unit reflecting care and attention with several updates. The building was recently converted to have baseboard electric heat with each tenant currently paying their own hydro. Monthly incomes are as follows, Unit 1: $950, Unit 2: $1000, Unit 3: $1050. Laundry hook-ups are placed in all units with each unit having their own set of perks as separate entryways, sprawling floorplans, large windows showcasing views of the City. This building offers current and prospective potential while being situated in a convenient, friendly neighbourhood with outstanding access to amenities.

Property info

Property status For sale
Property type Multi Family
Property style Triplex
Garage type 5 Car Garage with Loft
Number of units 3
Bedrooms per unit 3
Bathrooms per unit 1
Square footage 3,600
Title Freehold
MLS Listing ID NB068620

Property features

Heating System: Baseboard, Electric
Basement: concrete
External Finish: vinyl siding
Water Supply : municipal
Sewage Supply: Municipal
Floor Coverings: Carpet, Linoleum
Storage
Flat Lot
Quiet Street
Laundry
Central Location
Landscaped Yard

Nearby ammenities

Shopping center 2 min
Town center 2 min
Hospital 5 min
Police station 5 min
Airport 20 min
Coffe shop 2 min
Cinema 10 min
Park 1 min
School 5 min
Universtiy 5 min
Golf 5 min
Skiing 50 min