593 Main Street Sussex, New Brunswick E4E 5R5

$399,000

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:27750)

Property Details

MLS® Number	NB131616
Property Type	Multi-family

Building

Appliances	Refrigerator, Stove, Washer, Dryer
Exterior Finish	Brick
Flooring Type	Carpeted, Laminate, Vinyl
Foundation Type	Concrete
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Size Interior	2,900 Ft2
Total Finished Area	2900 Sqft
Type	Triplex
Utility Water	Municipal Water

Land

Access Type	Year-round Access, Public Road
Acreage	No
Sewer	Municipal Sewage System
Size Irregular	245
Size Total	245 M2
Size Total Text	245 M2

https://www.realtor.ca/real-estate/29214145/593-main-street-sussex