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:63357)
Property Details
- Property Type
- Detached
- Living Area
- 2,900 sqft
- Above Grade Area
- 2,900 sqft
- Status
- Active
Location & Neighborhood
Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.
Explore More in Sussex
The data relating to real estate on this website comes in part from the MLS® Reciprocity program.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code.
The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.