Looking for a way to make homeownership more affordable? This two-storey duplex on Saint John's west side offers a fantastic opportunity to live in one unit while collecting rental income from the other to help offset your mortgage payments! Offering approximately 1,500 square feet of finished living space, the property features two self-contained units, each with two bedrooms and one bathroom. The upstairs unit is vacant, freshly painted throughout, and move-in ready, making it an attractive option for buyers looking to occupy one unit while collecting $1,236 per month in rental income from the main-floor unit. The upstairs unit was also recently rented for $1,650 per month, highlighting the property's income potential for investors. The upstairs unit has seen several improvements, including freshly painted kitchen cabinets and bathroom vanity, updated lighting, a new over-the-range microwave, and newer appliances. The front and rear decks have also been updated and painted. Located in an established residential area on Saint John's west side, this property offers an appealing setting for both homeowners and tenants. Its convenient location near shopping, restaurants, schools, and everyday amenities makes it a practical choice for those looking to enjoy neighbourhood living without sacrificing accessibility. Easy access to major routes makes commuting throughout Saint John and surrounding areas convenient, while nearby Dominion Park Beach offers a popular summer destination for swimming, picnics, and enjoying the outdoors along the Saint John River. Whether you're a first-time buyer looking to make homeownership more affordable or an investor looking to expand your portfolio, 507 Milford Road offers flexibility, rental income potential, and an opportunity to make your next move! (id:4069)
Address
507 Milford Road
List Price
$325,000
Property Type
Single Family
Type of Dwelling
Multi-Family
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Saint John
Bedrooms
4
Bathrooms
2
Floor Area
1,542 Sq. Ft.
Lot Size
1561 Sq. Ft.
MLS® Number
NB142782
Listing Brokerage
EXIT Realty Specialists
Basement Area
None
Postal Code
E2M4R5
Ownership
Freehold
Features
Level lot
Heat Source
Electric
Heat Type
Baseboard heaters
Foundation Details
Concrete
Number Of Floors In Building
2
Water Source
Municipal water
Access To Property
Year-round access, Public Road
Sewer
Municipal sewage system
