REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 499,900
Est. payment | /mo
8,008 Sqft Lot
$ 499,900
Est. payment | /mo
8,008 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB115068
Originating Board New Brunswick Real Estate Board
Lot Size 8,008 Sqft
Acres 8008.349
Property Description
Welcome to this well-maintained 3-unit multi-family property offering immediate cash flow. Each unit features 2 bedrooms and tenants pay their own electricity, keeping operating costs low for the owner. All units have separate meters, plus an owner's meter. Outside, you'll find a total of 6 off-street parking spots, a rare asset in the uptown rental market. Currently, 3 of these spots are leased to non-tenants, generating extra monthly income. This sale is a double lot with separate PIDs, offering added value and potential development to your investment portfolio. Situated close to amenities, transit, and schools, this property checks all the boxes for savvy investors. Unit 1 is currently rented for $850/month, due to increase to $875.50 on July 1st, 2025. Unit 2 $950/month, due to increase to $978.50 on Oct 1st, 2025. Unit 3 (#211) $1295/month, due to increase to $1333.85 on Oct 1, 2025. Building is professionally managed. All showings require 24 hours notice. (id:24570)
Location
State NB
Rooms
Kitchen 0.0
Interior
Cooling Air exchanger
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Listed by eXp Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "