61-63 Union St, Saint John, NB, E2L 1A2

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Commercial For Sale In Uptown, Saint John, New Brunswick

$6,599,000

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61-63 Union ST, Saint John, NB, E2L 1A2

$6,599,000

Property Information:

In a booming real estate market and a growing population in Saint John, this property presents a great opportunity to consolidate your investments in a big way, under one roof. This property offers two apartment towers, each 5 stories, 13 units at 61 Union and 12 units at 63 Union, for a total of 25 units (24x2 bed, 1 bachelor), plus 104 parking spaces, 55 of which are indoor. Across the street, tenants can wander through the maze of indoor pedways, from the AquaticCenter to Brunswick Square, Market Square, TD Sports Center, City Market, etc, so who cares about a hard winter, while you enjoy city shopping and restaurants!!. Both towers have been completely remodeled in the last 10 years, along with new siding and modified roofs. Enjoy the spacious two bedroom units and stunning harbour views and cruise ships from several units. All appliances are currently owned by the seller and included in the sale price. Annual rent roll is around $690,000 and continually growing; Property tax $107 083; Utilities (including electricity, heat, water & sewage) $71,558; Insurance $23 100; Repairs and Maintenance (including garbage, lawncare and snow removal) $20,625; Management $27,381; With a net income of approximately 440k. Proof of financing may be required prior to viewing the property. First viewing will be limited to a couple of typical units. All info and measurements to be verified by purchaser prior to closing. See Video link>> https://vimeo.com/937769803

Building Features:

Garage: Yes
Total Finished Area: 27762 Square Feet

Property Features:

Built in: 1960
Construction: Brick, Concrete
Driveway: Paved
Exterior: Brick, Vinyl
Heating Cooling: Air Exchanger, Electric, Heat Pump, Natural Gas
Property Size: Under 0.5 Acres
Roof: Membrane/Modified
Site Influences: Highway Exposure, Recreation Nearby, Shopping Nearby
Water Front Features: Water View

Courtesy of: CENTURY 21 ALL SEASONS REALTY

Data provided by: Greater Moncton REALTORS® du Grand Moncton 541 St. George Blvd., Moncton, New Brunswick E1E 2B6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

Location of 61-63 Union ST, Saint John, NB, E2L 1A2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

33 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

33 hot days expected in 2050

34/100

Moderate-Low

ClimateCheck®

Current data

This property, 61-63 Union ST , experiences 7 hot days per year at around 26.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 29.3 degrees Celsius.

Projected Avg. Temperature

Past

26.1℃

2050

29.3℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

80/100

High

ClimateCheck®

Current data

This property, 61-63 Union ST , experiences 11 significant 2-day storms per year, with about 428.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 554.6mm of precipitation per year.

Precipitation Per Storm

Past

428.8mm

2050

554.6mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 61-63 Union ST, Saint John, NB, E2L 1A2

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$137,890.91

Average Number of Children

1.36

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.08 %

High school certificate or equivalent

29.11 %

Apprenticeship trade certificate/diploma

2.68 %

College/non-university certificate

23.44 %

University certificate (below bachelor)

0.69 %

University Degree

33.0 %

Commuter

Travel To Work

By Car

50.39 %

By Public Transit

4.33 %

By Walking

35.83 %

By Bicycle

0.0 %

By Other Methods

9.45 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

95.01 %

Houses

4.99 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Location of 61-63 Union ST, Saint John, NB, E2L 1A2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 61-63 Union ST, Saint John, NB, E2L 1A2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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