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