68 King Street
Saint John, New Brunswick, E2L1G4
For Sale | $599,000 | 4 beds | 4 baths
Key facts
- Property type: Single Family
- Structure: Multi-Family
- Transaction: For Sale
- Price: $599,000
- Bedrooms: 4
- Bathrooms: 4
- Interior size: 850 sqft
- Lot size: 1798
- Listing key: 29248868
Listing overview
Excellent opportunity to acquire a strong income-generating mixed-use property in the heart of Uptown Saint John. The property is currently tenanted with a restaurant occupying the first and second floors, generating $5,500/month in rent. The tenant is responsible for utilities (heat, power, water & sewer) and equipment maintenance, providing investors with a stable and attractive income stream. This 4-storey building offers approximately 1,700+ sq. ft. per level (approximate, to be verified). The first and second floors are zoned commercial, while the third and fourth floors are zoned residential, offering excellent potential for future residential development to increase overall returns. Any change of use or rezoning is subject to municipal approvals, allowing investors multiple long-term strategies. Situated on King Street in Uptown Saint John, this property benefits from a highly des...
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