99 King St St. Stephen, New Brunswick E3L 2C6
$1,799,900
ALL UNITS ARE TENANT OCCUPIED......THIS BUILDING HAS BEEN TRANSFORMED TO A 14 UNIT APARTMENT COMPLEX AND IS THE CLOSEST THING TO NEW CONSTRUCTION AVAILABLE FOR THE SMART INVESTOR. These units are constructed to 2015 national building code of Canada standards. The interiors are well designed, energy efficient, using high quality low maintenance finishes. The attic is R-60. The walls are R-35. Building is completely wrapped with 2" of high density insulation/ sound board making it extremely quiet and energy efficient. All units are heated and cooled with ductless heat pumps. Each unit is accessed by a central hallway and foyer. The open concept floor plan lends itself to a simpler way of living and flows easily between rooms and offers lots of lighting. Location really is everything and this modern 2 storey multi-unit is closely tied to the downtown of St Stephen. 2 minute walk to the civic center, walk to downtown shops, local businesses, restaurants, nightlife and the river boardwalk. Located close to the US border to Calais. The vacancy rate in St Stephen is 0.3% and there will be a need for 431 new units in the next 5 years making this the right time to purchase. THERE HAS NEVER BEEN A BETTER TIME TO MAKE YOUR MARK IN THE GREAT TOWN OF ST STEPHEN!! (id:42550)
Property Details
| MLS® Number | M146732 |
| Property Type | Multi-family |
| Amenities Near By | Church, Golf Course, Shopping |
| Equipment Type | Water Heater |
| Features | Level Lot, Paved Driveway |
| Rental Equipment Type | Water Heater |
Building
| Amenities | Street Lighting |
| Basement Type | Crawl Space |
| Cooling Type | Air Exchanger, Air Conditioned |
| Exterior Finish | Vinyl Siding |
| Fire Protection | Security System, Smoke Detectors |
| Flooring Type | Laminate, Ceramic |
| Foundation Type | Concrete Slab |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Heat Pump |
| Size Interior | 9600 Sqft |
| Total Finished Area | 9600 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access |
| Acreage | Yes |
| Land Amenities | Church, Golf Course, Shopping |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Irregular | 1.91 Acres Imperial |
| Size Total Text | 1.91 Acres Imperial|1 - 3 Acres |
Utilities
| Cable | Available |
https://www.realtor.ca/real-estate/24796161/99-king-st-st-stephen
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Greater Moncton REALTORS® du Grand Moncton
RE/MAX Quality Real Estate Inc.
August 27 2022 05:16:40
