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In-PersonVirtual Tour
$ 390,000
Est. payment | /mo
3,000 SqFt
$ 390,000
Est. payment | /mo
3,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000
Square Footage 3,000 sqft
Price per Sqft $130
MLS® Listing ID NB140038
Year Built 1955
Lot Size 3,003 Sqft
Acres 3003.0
Property Sub-Type Freehold
Property Description
Welcome to 97 Victoria Street, Saint John, New Brunswick a well-maintained three-unit investment property with strong rental performance and excellent future potential. This property features Unit A, Unit B, and Unit C, all self-contained and efficiently designed. Each unit generates $1,875 per month plus utilities, providing steady and reliable income. All units are equipped with separate electrical meters, offering convenient utility management and reduced landlord expenses. The property is well cared for and in good overall condition, including a roof inspection and service completed in 2024. Located in the highly accessible North End of Saint John, the property offers easy access to major roadways, public transit and bus service, and everyday amenities including Sobeys, restaurants, grocery stores, and nearby schools making it a highly desirable location for tenants. Based on current income and expenses, the property offers an estimated potential cap rate 14%, presenting a strong opportunity for cash-flow-focused investors. A rare opportunity for investors seeking strong income and long-term upside potential. Book your private viewing today. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Hot Water,
Flooring Laminate, Linoleum
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by EXIT Realty Specialists
Nearby Locations
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