204-206 St. James W Street

Newly Renovated Two-Unit Property with Ocean Views & Income Potential Beautifully renovated from the studs, this two-unit multi-residential property offers modern finishes, ocean views, and excellent flexibility for both homeowners and investors. Each unit has been thoughtfully updated with fresh paint, new flooring, new ceilings, upgraded lighting, and modern finishes throughout. The property features new appliances, including fridge, stove, microwave, cabinetry, as well as new washers and dryers. The bathrooms have also been fully updated with new showers, toilets, sinks, and fixtures. Major improvements include updated electrical panels, outlets, lighting, and completed power metering, creating added convenience and future potential. With two existing residential units and the possibility of adding a third unit, this property offers strong long-term value and income potential. Buyers should verify any future development or third-unit use with the appropriate authorities. And per City of Saint John, the buyer must acknowledge that non-combustible material will be required on the east side of the building in the event a new building is constructed. This is an ideal opportunity for an owner-occupier who wants to live in one unit and rent the other, helping offset monthly carrying costs while building equity. It is also a great option for investors looking for a freshly renovated income property in a desirable location with ocean views. Move-in ready, income-generating, and full of future potential. Seller is a Licensed real estate salesperson in the province of New Brunswick. (id:66617)

The details

Property type

Multi-family

Living area

1,854 square feet

Lot size

5,005 square feet

Stories

2

Heating

Baseboard heaters, Electric

Flooring

Laminate

MLS® number

NB143255

Roughly $1,670/month principal and interest, assuming 20% down at 5% over 25 years — an illustration, not a quote. Run your own numbers.

Where it sits