30 Saint Catherine Street Saint John, New Brunswick E2J 2J2

3,100 ft2
Baseboard Heaters

$799,900

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:35613)

Property Details

MLS® Number NB134441
Property Type Multi-family
Equipment Type None
Rental Equipment Type None

Building

Appliances Refrigerator, Stove, Washer, Dishwasher, Dryer
Basement Type None
Constructed Date 2024
Exterior Finish Vinyl
Flooring Type Laminate
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Interior 3,100 Ft2
Total Finished Area 3100 Sqft
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 3896.54
Size Total 3896.54 Sqft
Size Total Text 3896.54 Sqft

https://www.realtor.ca/real-estate/29432074/30-saint-catherine-street-saint-john