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For sale
  • C$697,500

    79 Summer St, Saint John, NB E2K 3Y1

    --beds
    --baths
    9,800sqft
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$71/sqft
    C$-- HOA

    What's special

    Welcome to 79 Summer Street! Conveniently located near the bus route with easy highway access, this 5-unit building offers excellent investment potential with very low vacancy. The property features electric heat, good-sized units, plenty of off-street parking, and solid financials. Situated on a quiet street, the building has seen many recent updates and is well worth a look! Current rents: $1,000, $1,200, $1,250, $1,395, and $1,865. Total rental income: $80,520 annually. Approximate expenses: Insurance: $3,511 Heat/Electricity: $15,024 Water/Sewer: $2,986 Property Taxes: $7,332 Snow Removal: $740. Total Approximate Expenses: $29,593 Approximate Net Income: $50,927
    26 days
    on Zillow
    |
    19
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 20, 2025 at 06:18am

    Listed by:

    Tim Somerville, Salesperson,

    Royal LePage Atlantic Brokerage,

    Nicholas Garnett, Salesperson,

    Royal LePage Atlantic

    Source: New Brunswick Real Estate Board,MLS®#: NB118865MLS LogoOriginating MLS®#: Saint John
    Travel times

    Facts & features

    Interior

    Heating
    • Baseboard, Electric
    Cooling
    • Electric, Heat Pump - Ductless
    Appliances
    • Included: Water Heater, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Flooring: Cushion, Laminate, Vinyl, Wood
    • Basement: Concrete
    Interior area
    • Total structure area: 9,800
    • Total interior livable area: 9,800 sqft

    Property

    Parking
    • Parking features: Ample, 7+ Cars, Gravel, ParkingYN, No Garage
    • Has uncovered spaces: Yes
    Lot
    • Size: 0.28 Acres
    • Features: Cleared, Landscaped, Level, Under 0.5 Acres
    Details
    • Parcel number: 55116289

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Siding
    • Roof: Asphalt,Tar/Gravel

    Utilities & green energy

    • Sewer: Municipal
    • Water: Municipal

    Community & HOA

    Location
    • Region: Saint John

    Financial & listing details

    • Price per square foot: C$71/sqft
    • Annual tax amount: C$7,332
    • Date on market: 5/20/2025
    • Ownership: Freehold
    • Total actual rent: 80520
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