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