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In-PersonVirtual Tour
$ 799,900
Est. payment | /mo
3,100 SqFt
$ 799,900
Est. payment | /mo
3,100 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3100
Square Footage 3,100 sqft
Price per Sqft $258
MLS® Listing ID NB134441
Year Built 2024
Lot Size 3,896 Sqft
Acres 3896.54
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Laminate
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youtu.be/LngrIiqTuEQ
Listed by EXIT Realty Specialists
Nearby Locations
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