REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 399,000
Est. payment /mo
New
593 Main Street Sussex, NB E4E5R5
2,900 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $137
MLS® Listing ID NB131616
Lot Size 2,637 Sqft
Acres 0.060540818
Property Sub-Type Freehold
Source New Brunswick REALTORS®
Property Description
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:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Carpeted, Laminate, Vinyl
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by EXIT Realty Specialists
GET MORE INFORMATION
QUICK SEARCH