+18 more
3,100 sqft
Living Area
3,897 sqft
Lot
2024
Year Built
About This Property
This multi-family in Saint John offers 3,100 sqft of living area on a 3,897 sqft lot. Built in 2024. The property has lot dimensions of 3896.54. The home features laminate flooring, baseboard heaters, electric heating.
MLS Remarks
Strong income and modern construction come together in this fully rented three-unit building built in 2024. With newer construction and minimal maintenance expected for years to come, this property offers a solid addition to any investment portfolio. All three units are rented at $1,800 per month with tenants paying their own utilities, providing stable income and a strong cap rate. Tenants are on one-year leases, offering reliability while still allowing flexibility to increase rents this year as market conditions allow. Each unit features two bedrooms, an open-concept kitchen and living area, private balcony, and the convenience of in-unit laundry with washer and dryer. The property also offers off-street parking for six vehicles, an important feature for tenants and long-term rental appeal. For buyers looking to enter the market, this property also provides the option of owner-occupied investing, allowing you to live in one unit while the others generate income. With strong rental demand and zero vacancy, this is a solid turn-key opportunity. Conveniently located close to shopping, restaurants, public transit, and quick highway access for commuting. (id:60351)
Overview
Property Typeresidential
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