For Sale: 32 Langstroth Terrace, Hampton, NB

About this home

A well-maintained three-unit income property in the heart of Hampton, NB fully renovated throughout and generating solid rental income with two units currently occupied under long-term leases. The property features a bachelor suite and two 2-bedroom units. Current rents stand at $750/month (Unit 3 bachelor, utilities included), $1,100/month (Unit 1, 2-bedroom, water and sewage included, tenant pays electricity), and $1,385.54/month (Unit 2, 2-bedroom, all utilities included). Combined monthly gross income of $3,235.54 with one vacancy offering immediate upside for the next owner. All units are non-smoking with professional property management in place through Canada Homes for Rent. The building has been extensively updated hardwood and ceramic flooring throughout, updated wiring and plumbing, fresh paint, and new bathrooms. Each unit includes a washer, dryer, refrigerator, and stove. New heat pumps on the main and middle floors provide efficient, year-round comfort. The basement is exceptionally dry, a standout feature that speaks to the overall condition of the building. Annual property taxes come in at just $3,620, remarkably low for a rental property of this size and a meaningful advantage to your bottom line. The building sits on a 9,009 sq ft lot with ample gravel parking and a storage barn included. Please note that the deck off the top unit will require some attention. Located steps from Hampton's commuter bus stop and close to all amenities. Whether you're an investor looking for a stabilized asset or a live-in landlord ready to have the mortgage covered, this one delivers on all fronts. (id:63626)

Listed by: Adam (Yongqing) Luo, Salesperson, REMAX East Coast Elite Realty

Home facts and features

Price details

List Price

$399,000

Gross Taxes for 2026

$3,892

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

9009 ft²

Depth

Title

Freehold

Exterior Finish

Cedar shingles

Heating Type

Heat Pump, Electric

Cooling

Heat Pump

Appliances

Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Adam (Yongqing) Luo

Primary Broker

REMAX East Coast Elite Realty

Listing details

Days on REW

12 Days

MLS® Number

NB143179

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 16km

Hampton Middle School

n/a
6 - 8
In Catchment

Hampton Elementary School

n/a
2 - 5
In Catchment

Dr. A. T. Leatherbarrow Primary School

n/a
K - 2
In Catchment

Hampton High School

n/a
9 - 12
In Catchment

Partners In Alternative Learning Strategies (Hampton)

n/a
9 - 12
In Catchment

Kennebecasis Valley High School

n/a
9 - 12
In Catchment

École Des Pionniers

n/a
K - 5
In Catchment

Quispamsis Middle School

n/a
6 - 8
In Catchment

Chris Saunders Memorial Elementary School

n/a
K - 5
In Catchment

Quispamsis Elementary School

n/a
K - 5
In Catchment

32 Langstroth TerraceHampton, NB, E5N 4B7