For Sale: 31-33 Peters Street, Saint John, NB

About this home

This solid 6-unit multi-family property offers an excellent investment opportunity with strong rental appeal and desirable features throughout. The building consists of a well-balanced unit mix including three 1-bedroom units, two 2-bedroom units, and one bachelor apartment - all currently rented on flexible month-to-month agreements, providing both immediate income and future upside potential. Tenants pay their own heat and lights, helping to keep operating costs down, while a coin-operated laundry adds additional income. The property has seen exterior improvements with gorgeous new siding, enhancing curb appeal and long-term durability. Outside, youll find a fully fenced yard and tiered decks that are in great shape, offering functional outdoor space for tenants. A convenient garbage alley and dedicated entrance to unit 33-1 add to the practicality of the layout. The building also features a large, dry basement, ideal for storage or future development possibilities. Well-positioned for value growth, this property offers excellent income enhancement potential with optimized management and future rent alignment. A well-maintained, income-generating property with key upgrades already completed, this is a great addition to any investment portfolio. Rents are Unit 1 = $700 Unit 2 = $950 Unit 3 = $1000 Unit 4 = $674.70 Unit 5= $1025.00 Unit 6 = $1075 (id:63626)

Listed by: Patricia Gallagher, Salesperson, EXIT Realty Specialists

Home facts and features

Price details

List Price

$679,000

Gross Taxes for 2026

$4,708

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

4025 ft²

Depth

Title

Freehold

Exterior Finish

Vinyl, Metal

Heating Type

Electric

Basement Details

Unfinished, Full

Appliances

Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Patricia Gallagher

Primary Broker

EXIT Realty Specialists

Listing details

Days on REW

34 Days

Property Views

MLS® Number

NB137712

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 2km

St. Malachy's Memorial High School

n/a
9 - 12
In Catchment

Prince Charles School

n/a
K - 8
In Catchment

Saint John High School

n/a
9 - 12
In Catchment

St. John The Baptist/King Edward School

n/a
K - 8
In Catchment

Princess Elizabeth School

n/a
K - 8
In Catchment

Divine Mercy Catholic School

n/a
K - 9
In Catchment

Bayside Middle School

n/a
6 - 8
In Catchment

Centennial School

n/a
K - 5
In Catchment

Hazen-White-St. Francis School

n/a
K - 8
In Catchment

Harbour View High School

n/a
9 - 12
In Catchment

31-33 Peters StreetSaint John, NB, E2L 2Z8