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99 King St St. Stephen, New Brunswick E3L 2C6

9600 sqft
Air Exchanger, Air Conditioned Baseboard Heaters, Heat Pump Acreage Landscaped

$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:38543)

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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