About this home

RARELY OFFERED!!! Picture yourself owning one of the few multi-unit properties available on the Kingston Peninsula, collecting reliable rental income while enjoying water views and future upside on a 1.43-acre property. This four-unit income property in Kingston Peninsula, New Brunswick offers that opportunity and more, with three occupied units generating $30,600 annually and a vacant fourth unit ready to generate additional income or provide a place to live while your tenants help offset your mortgage. You will love the stability of three long-term tenants with more than 60 combined years of tenancy, the very low operating expenses that help maximize returns, and the potential to increase gross annual income to approximately $39,000 by renting the vacant fourth unit. Set on 1.43 acres with water views in one of New Brunswicks most scenic communities, you are surrounded by waterfront living, small-town charm, and convenient access to Saint John, Rothesay, Quispamsis, and Hampton. Whether you are an experienced real estate investor looking to add a rare income-producing asset to your portfolio or a buyer seeking a mortgage-helper property with room for future growth, this building offers stability, flexibility, and long-term potential in a market where multi-unit properties rarely become available. If you have been searching for homes for sale in Kingston Peninsula with investment potential or Kingston Peninsula, New Brunswick real estate that can generate income from day one, this opportunity deserves your attention. Ready to see it for yourself? Book your private showing today. (id:63626)

Listed by: Robert Dipiero, Salesperson, EXIT Realty Specialists

Home facts and features

Price details

List Price

$325,000

Gross Taxes for 2026

$2,085

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

1.43 acres

Depth

Title

Freehold

Exterior Finish

Cedar shingles, Wood shingles

Heating Type

Baseboard heaters, Electric

Basement Details

Finished, Full, Walk out

Appliances

Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Robert Dipiero

Primary Broker

EXIT Realty Specialists

Listing details

Days on REW

1 Day

MLS® Number

NB141228

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 11km

Quispamsis Middle School

n/a
6 - 8
In Catchment

École Des Pionniers

n/a
K - 5
In Catchment

Chris Saunders Memorial Elementary School

n/a
K - 5
In Catchment

Kennebecasis Valley High School

n/a
9 - 12
In Catchment

Lakefield Elementary School

n/a
K - 5
In Catchment

Valley Christian Academy

n/a
K - 9
In Catchment

Quispamsis Elementary School

n/a
K - 5
In Catchment

Fairvale Elementary School

n/a
K - 5
In Catchment

Touchstone Community School

n/a
K - 5
In Catchment

Harry Miller Middle School

n/a
6 - 8
In Catchment

61 Bates Lake RoadKingston, NB, E5N 1J7