61-63 Union Street Saint John, NB E2L 1A2
Listing Courtesy of: CREA - C21 Brokers / Century 21 All Seasons Realty Nb / Milad Debly

  61-63 Union Street Saint John, NB E2L 1A2

Active (114 Days)

Description

In a booming real estate market and a growing population in Saint John, this property presents a great opportunity to consolidate your investments in a big way, under one roof. This property offers two apartment towers, each 5 stories, 13 units at 61 Union and 12 units at 63 Union, for a total of 25 units (24x2 bed, 1 bachelor), plus 104 parking spaces, 55 of which are indoor. Across the street, tenants can wander through the maze of indoor pedways, from the Aquatic Center to Brunswick Square, Market Square, TD Sports Center, City Market, etc, so who cares about a hard winter, while you enjoy city shopping and restaurants!!. Both towers have been completely remodeled in the last 10 years, along with new siding and modified roofs. Enjoy the spacious two bedroom units and stunning harbour views and cruise ships from several units. All appliances are currently owned by the seller and included in the sale price. Annual rent roll is around $690,000 and continually growing; Property tax $107 083; Utilities (including electricity, heat, water & sewage) $71,558; Insurance $23,100; Repairs and Maintenance (including garbage, lawncare and snow removal) $20,625; Management $27,381; With a net income of approximately 440k. Proof of financing may be required prior to viewing the property. First viewing will be limited to a couple of typical units. (id:42016)

MLS®:
NB108707
Lot Size
0.56 acres
Type
Multifamily
Year Built
1960
County
Saint John

Listed By

Milad Debly, Century 21 All Seasons Realty Nb
Source
CREA - C21 Brokers
Last checked Feb 24 2025 at 5:51 AM AST
Bathroom Details
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Natural Gas
  • Electric
  • Heat Pump
Flooring
  • Wood
  • Ceramic
  • Laminate
Exterior Features
  • Vinyl
  • Brick
Utility Information
  • Sewer: Municipal Sewage System
Stories
  • 5
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Feb 21, 2025
Price Changed
$6,499,000
-2%
-100,000
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled
by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 2/23/25 21:51

CENTURY 21 All Seasons Realty NB

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CENTURY 21 All Seasons Realty NB

655 Main Street, Woodstock, NB E7M2C7

(506) 325-2500

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