Prime Investment Opportunity in East Saint John. Nestled in a secure and peaceful neighborhood of East Saint John, this meticulously maintained and fully renovated 12-unit apartment building is an exceptional investment opportunity. Each spacious two-bedroom unit boasts a modern kitchen equipped with six full-size appliances, including an in-unit laundry facility for ultimate convenience. Key Highlights: Spacious Units: Each apartment offers approximately 850 sq. ft. of comfortable living space. Tenant-Paid Utilities: Tenants cover their own electricity, which includes heating and lighting. Outdoor Amenities: Two communal decks and ample green space provide a welcoming outdoor environment. Parking: 24 parking spaces (2 per unit) ensure ample room for residents and guests. Recent Upgrades: The roof was recently redone with a modernized system for long-term durability. City Compliance: Municipal water and sewage with no outstanding city work orders. Financial Overview: Annual Revenue: $192,000. Annual Expenses (including property taxes): $32,000. Verified financials available for serious buyers upon request. Conveniently located just 5 minutes from shopping, dining, and essential amenities, this turn-key investment property is fully up-to-date and ready for new ownership. Don't miss out on this highly desirable, income-generating assetcontact today for more details! (id:13843)
MLS # | NB115492 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 101 |
Listing Provided By | Assist 2 Sell Hub City Realty | Ricky Cormier |
SQ Feet | 5,400 |
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Units | 12 |
Acreage | 0.53 |
Province | NB |
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City | Saint John |
Postal Code | E2J3Z8 |
Listing VS Median (in E2J3Z8) | |
Price: $2,250,000 low | high Med: $2,250,000 SqFt: 5,400 low | high Med: 5,400 $ / SqFt: $417 low | high Med: $417 On site: 101 low | high Med: 101.000000 |