1275 West Riverside Drive
New Brunswick · E7H5H1
$449,999
About this residence
Discover this exceptional multifamily property featuring one commercial unit and multiple residential units, all currently rented and generating profit (App Income 49940 and app expense 13500). A New England style resident in a peaceful part of town with breathtaking views of the St. John River, this property is an ideal investment opportunity. Fully equipped with modern appliances for tenant convenience, ideal for local businesses looking to establish a presence in a peaceful area. All units are currently rented, ensuring immediate cash flow, well-maintained property with a history of strong rental income. Proximity to local amenities and service and ample parking space for residents and commercial tenants Schedule a viewing today Dont miss this opportunity to own a profitable multifamily property in a desirable location! (id:61366)
Property details
- Property type
- Multi-family
- Ownership
- Freehold
- Storeys
- 2
- Living area
- 4,310 sq ft
- Lot size
- 3450
- Annual tax
- $1,700
- MLS®
- NB123925
- Board
- New Brunswick
- Status
- Active
- Listed
- Aug 1, 2025
- Updated
- May 7, 2026
Features & finishes
Appliances
- Washer
- Refrigerator
- Dryer
- Stove
- Microwave
Flooring
- Laminate
- Vinyl
- Ceramic
Heating
- Baseboard heaters
- Heat Pump
- Electric
Cooling
- Heat Pump
Exterior
- Steel
Foundation
- Concrete
Lot
- Balcony/Deck/Patio
Sewer & Utilities
- Municipal sewage system
Financing
Estimated monthly payment
$2,105/mo
Loan amount
$359,999
Down payment
$90,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
New Brunswick
Nearby
About the area
Census · E7H- 5,601
- Population
- 49
- Median age
- $54,800
- Median income
- $120,000
- Median home value
- 80%
- Home ownership
- 20 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 1275 West Riverside Drive?
1275 West Riverside Drive is listed for $449,999, in New Brunswick.
What type of home is 1275 West Riverside Drive?
1275 West Riverside Drive is a Multi-family set over 2 storeys.
How large is 1275 West Riverside Drive?
The home offers approximately 4,310 sq ft of living space on a lot measuring 3450.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,105. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $1,700 per year.
What is the New Brunswick area like?
New Brunswick has a population of about 5,601, a median age of 49, a 80% home-ownership rate, with an average commute of about 20 minutes.
What is the average home value in New Brunswick?
The median dwelling value in this area is approximately $120,000, based on census data via Neighbourly.
What is the median household income in New Brunswick?
The median household income in this area is approximately $54,800.
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Private viewings
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