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2144,2149 Ocean Westway
Saint John New Brunswick E2M5H6 Canada

$3,800,000

Active Listing ID NB128372
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9,500 square feet
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Multi-family

$3,800,000

Active Listing ID NB128372
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2144, 2149 Ocean Westway Welcome to 2144 and 2149 Ocean Westway, a fantastic investment opportunity featuring 19 fully renovated one-level, units ideal for professional workers. The property is in excellent condition and situated in a desirable area, offering easy access to the highway and nearby amenities. With strong rental numbers and modern updates throughout, this like-new property offers impressive financials. The total annual rental income is $312, 600, with units rented at varying rates: 2 at $ 1, 100, 2 at $ 1, 200, 1 at $ 1, 250, 10 at $ 1, 400, 2 at $ 1, 500, and 2 at $ 1, 600. Estimated annual expenses include $21, 984 for taxes, $5600 for water and septic, $5000 for electricity, $10, 301 for insurance, and $6986 for snow removal and garbage, totaling approximately $49, 871. This results in an estimated net income of $262, 729. For serious investors seeking a high-performing and low-maintenance property, this is well worth a closer look. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Exterior Finish: Wood, Vinyl
  • Floor Covering: Vinyl
  • Heating Systems: Baseboard heaters, Electric
  • Additional Features
  • Basement
Listing Changed: 10/23/2025 7:56:01 PM GMT
Source Updated Date: 12/6/2025 8:06:35 AM GMT

Courtesy of: Tim Somerville, Salesperson, Royal LePage Atlantic