23 Paddock Street Saint John, New Brunswick E2L 3A5

Baseboard Heaters, Hot Water


Looking for a great investment property in a good central location, with a solid cap rate, look no further than this fully occupied 8 unit gem consisting of 6-2 bedrooms, 1-1 bedroom and the owners unit is a spacious 3 bedroom with a family room, with a little investment the owners unit could be divided into a 2 bedroom giving an additional 1 bedroom apartment for a total of 9 units. This adult only property has been well maintained and well managed with all long term tenants. All units are bright and very spacious and theres the convenience of the on-site laundry room. This property comes with a private courtyard. Great net income with so much potential of increase. Perfect investment to start or add to your portfolio! If the owners unit was rented at $1500 total income would be $91,584. Located within walking distance to shopping, restaurants, parks and all the attractions Uptown Saint John has to offer!! If you're looking for that ideal investment that will produce strong numbers, then you will not want to miss out on this. Please call today to book your private showing. (id:35613)

Property Details

MLS® Number NB073264
Property Type Multi-family
Equipment Type None
Features Balcony/deck/patio
Rental Equipment Type None


Appliances Refrigerator, Microwave, Stove, Washer, Dryer
Exterior Finish Cedar Shingles, Wood Shingles, Vinyl
Fire Protection Smoke Detectors
Fireplace Present No
Flooring Type Carpeted, Ceramic, Laminate, Wood
Foundation Type Concrete
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Hot Water
Roof Material Membrane
Roof Style Unknown
Stories Total 3
Total Finished Area 6247 Sqft
Utility Water Municipal Water


Access Type Year-round Access
Acreage No
Sewer Municipal Sewage System
Size Irregular 4101
Size Total 4101 Sqft
Size Total Text 4101 Sqft