8 Kirk Street

About this property

Welcome to 8 Kirk Street, a well-maintained income property in the heart of Sackville that offers the perfect combination of reliable cash flow and long-term investment potential. Located just a short walk from Mount Allison University and the vibrant downtown core, this property has built a strong reputation for attracting quality tenants and staying consistently occupied. The home has been thoughtfully renovated while maintaining its character, creating a warm and comfortable living environment that tenants are proud to call home. With a variety of rental spaces and additional garage income, the property provides multiple streams of revenue, making it an attractive addition to any investment portfolio. Currently fully rented on month-to-month leases, 8 Kirk Street offers immediate positive cash flow along with the flexibility that many investors value. A property manager is already in place, allowing for a smooth transition and making this an ideal turnkey opportunity for both experienced and first-time investors. Whether you're looking to expand your portfolio or secure a dependable income-producing property, 8 Kirk Street delivers an exceptional balance of stability, flexibility, and strong returns, highlighted by an impressive 11.25% cap rate. With its unbeatable location, proven rental history, and welcoming atmosphere, this is the kind of investment that continues to perform year after year. (id:67706)

Details

Property type

Multi-Family

Building type

Multi-Family

Ownership

Freehold

Living area

1,811 sq ft

Lot size

765

Storeys

1.5

Parking

Garage

Heating

Baseboard heaters, Electric

Basement

Full

Foundation

Concrete

Exterior

Vinyl

Flooring

Laminate

Water

Municipal water

Sewer

Municipal sewage system

Annual taxes

$3,515

MLS® number

NB145039

Rooms