16-18 Cunard Street
New Brunswick
$229,900
About this residence
Located in the vibrant core of Downtown Chatham, this income-producing property features four bachelor apartments designed for minimalistic and affordable living. A fantastic opportunity for investors seeking reliable rental income in a desirable, walkable location. The building is currently fully occupied, with leases on a month-to-month basis, and three of the four tenants have happily lived here for over three years. Residents enjoy the true convenience of downtown living. Everything needed for day-to-day comfort is right outside the door, Waterford Green, new coffee shops, gym facilities, restaurants, grocery stores, and local shopping. Scenic walking paths along the beautiful Miramichi River make staying active and enjoying the outdoors effortless. Whether its meeting friends at Dooleys for a game of pool, grabbing a latte from the café around the corner, a quick stop at the dollar store, or heading to the Irish pub for dinner when cooking isnt on the agenda, its all just steps away. Each bachelor unit includes a stove and mini fridge, offering a practical setup for single-person living. With strong tenant demand in this central location, the potential for continued rental success is clear. This property presents an excellent chance to invest in a steadily growing part of Miramichi East and take advantage of everything downtown Chatham has to offer. Schedule a viewing or request additional property details today, opportunities like this are not one to wait on! (id:61366)
Property details
- Property type
- Multi-family
- Style
- Fourplex
- Ownership
- Freehold
- Living area
- 990 sq ft
- Lot size
- 97
- Annual tax
- $1,874
- MLS®
- NB129298
- Board
- New Brunswick
- Status
- Inactive
- Listed
- Oct 31, 2025
- Updated
- Dec 15, 2025
Features & finishes
Appliances
- Refrigerator
- Stove
Flooring
- Laminate
Heating
- Baseboard heaters
- Electric
Exterior
- Vinyl
Foundation
- Block
- Concrete
Sewer & Utilities
- Municipal sewage system
Financing
Estimated monthly payment
$1,075/mo
Loan amount
$183,920
Down payment
$45,980
Estimate only. Rates and terms vary by lender and qualification.
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New Brunswick
Frequently asked questions
What is the asking price for 16-18 Cunard Street?
16-18 Cunard Street is listed for $229,900, in New Brunswick.
What type of home is 16-18 Cunard Street?
16-18 Cunard Street is a Multi-family, Fourplex.
How large is 16-18 Cunard Street?
The home offers approximately 990 sq ft of living space on a lot measuring 97.
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 $1,075. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $1,874 per year.
Similar residences
Comparable Fourplex near New Brunswick at a similar price.
Private viewings
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