Property Information:

Picture yourself owning a landmark property where history, stability, and cash flow come together in the heart of downtown Sussex. This historic triplex in Sussex, New Brunswick offers that opportunity and more, with two fully leased residential units upstairs and a leased office space on the main floor, creating diversified income in a central location. You will appreciate the strong rental profile with tenants paying their own heat and lights, a recently renovated three bedroom unit completed in December 2024, and a character rich office space featuring 10 foot ceilings and a raised floor designed for easy cable routing. With annual rental income of approximately $53,820, annual operating expenses of about $9,969, and a net operating income near $43,850, this property delivers a compelling return for investors seeking income properties for sale in Sussex with proven numbers. Set steps from shops, services, and everyday amenities, this building served historically as a Bank of Nova Scotia before becoming home to the Kings County Record, adding a unique layer of local significance. Whether you are expanding your portfolio or securing a mixed use asset in Sussex, New Brunswick real estate, this property offers long term stability, character, and income. Ready to see it for yourself? Book your private showing today. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Exterior Finish: Brick
Floor Space: 2900 sqft
Flooring Type: Carpeted, Laminate, Vinyl
Foundation Type: Concrete
Total Finished Area: 2900 sqft
Heating Type: Baseboard heaters
Heating Fuel: Electric
Appliances: Refrigerator, Stove, Washer, Dryer

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Access Type: Year-round access
Floor Space (approx): 2900 Square Feet
Irregular: Yes
Lot Size: 245.00 Square Metres
Sewer: Municipal sewage system

Courtesy of: EXIT Realty Specialists

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Demographic Information of 593 Main Street, Sussex, New Brunswick, E4E 5R5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$90,531.34

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.23 %

High school certificate or equivalent

40.78 %

Apprenticeship trade certificate/diploma

5.66 %

College/non-university certificate

17.05 %

University certificate (below bachelor)

1.16 %

University Degree

14.13 %

Commuter

Travel To Work

By Car

87.37 %

By Public Transit

0.0 %

By Walking

11.06 %

By Bicycle

0.0 %

By Other Methods

1.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.39 %

Houses

72.61 %

593 Main Street, Sussex, New Brunswick, E4E 5R5