
- Multi-family
- 3,100 sq ft
Listing brokerage: EXIT Realty Specialists
Listing REALTOR®: Sheila Kirkpatrick, Salesperson
MLS® number: NB147789
Data provided by: New Brunswick
About this property
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:67706)
Details
- Property type
- Multi-family
- Building type
- Triplex
- Ownership
- Freehold
- Units
- 3
- Living area
- 3,100 sq ft
- Lot size
- 3896.54
- Year built
- 2024
- Heating
- Baseboard heaters, Electric
- Basement
- None
- Foundation
- Concrete
- Exterior
- Vinyl
- Flooring
- Laminate
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Annual taxes
- $647
- MLS® number
- NB147789
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