38-40 Cliff ST, Saint John, NB, E2L 3A7

Property Information:

Don’t miss this exceptional opportunity to own a fully rented 5-unit income property in the heart of uptown Saint John. This well-maintained building features a strong unit mix with two 1-bedroom units, two 3-bedroom units, and one fully furnished bachelor unit—ideal for both long-term and short-term rental strategies.Unit Breakdown:Unit 1: 1-bedroom with spacious living room, full kitchen, bath, and private deck.Unit 2: Fully furnished bachelor with recent updates including new kitchen, bath, and flooring—perfect for short-term rentals.Unit 3: 3-bedroom with large living area, eat-in kitchen, full bath, laundry, and storage.Unit 4: 3-bedroom upper-level unit with oversized primary bedroom, full bath, eat-in kitchen, in-unit laundry, and ample storage.Unit 5: 1-bedroom with generous living space, eat-in kitchen, full bath, and storage.Please note, unit 2 fully furnished, This unit has been recently vacant. Rental income for this unit was $1200 per month. Total rental income was $69,600 per year. Leaving a net income of $54,007.78. Unit will remain vacant during the sale.Property Highlights:Prime uptown location within walking distance to all amenitiesOff-street parking includedExcellent income potential with strong rental historyFlexible configuration ideal for diversified investment portfolioWhether you’re expanding your portfolio or entering the market, this turnkey property offers excellent value and versatility.