$270,000 FOR SALE

Triplex

86-88 Lansdowne Avenue
Saint John, NB E2K 2Z8

Landlords know that location, location, location is key to attracting long-term tenants. This triplex, with two residential units, and one commercial space, is located in the heart of the north end on busy Lansdowne Avenue right across the street from Lansdowne Plaza. The Saint John Transit bus stop, located right outside the front door, is a bonus for tenants. And morning coffee at Tim Hortons is just across the street. Additionally, there is room for several cars to park in the rear of the building with access off Dufferin Avenue. The property consists of a lower residential unit with three bedrooms, while the upper unit has five bedrooms. There is a shared laundry room. The commercial space has been left vacant to allow the new owner to place a new commercial tenant in the attached 550 sq. ft. storefront with its own powder room and sign-rack near the separate entrance. This could be a great live/work arrangement for entrepreneurs or professionals seeking office/retail space. The residential units are currently being operated as shared living spaces. The building needs considerable work to bring it up to city standards and needs to be returned to its original zoning as two apartments and one commercial space. (id:47423)

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Listed By SUTTON GROUP AURORA REALTY LTD.
Data Provided By New Brunswick Real Estate Board
MLS® Listing Number NB094949
Last Updated Apr 03, 2024
Property Summary
Property Type Triplex

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Price History
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Detailed Information
Equipment Water Heater
Location Description Located directly across from Tim Horton's on Lansdowne Ave. Access for parking is around the block off of Dufferin Ave. through the parking lot of Thistle Curling Club.
Municipal ID 00371120
Ownership Type Freehold
Property Type Multi-family
Rental Equipment Water Heater
Transaction Type For sale
Building
Appliances Refrigerator, Microwave, Stove, Washer, Dryer
Exterior Finish Vinyl, Wood
Flooring Type Laminate, Vinyl
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard heaters
Roof Material Asphalt shingle
Roof Style Unknown
Stories Total 2
Total Finished Area 2048 sqft
Type Triplex
Utility Water Municipal water
Land
Total Size 0.14 acres
Access Type Year-round access
Landscape Features Landscaped
Sewer Municipal sewage system
Size of Irregular Land 0.14

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