37
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$289,900
Est. payment /mo
3,702 Sqft Lot
New
278 Watson Street Saint John, NB E2M1G9
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB118178
Lot Size 3,702 Sqft
Acres 3702.0
Property Sub-Type Freehold
Source New Brunswick Real Estate Board
Property Description
Welcome to this well-maintained 3-unit income property, located on the corner of Watson and Tower west. With a CAP rate of 9.7%, this property offers a fantastic investment opportunity with steady rental income and minimal operating expenses. Each unit is designed for tenant convenience and comfort, making it a sought-after rental option. Three Spacious 2 bedroom Units: Each unit features 2 bedrooms and 1 bathroom. There are 3 meters and the tenants pay their own heat and lights. Parking: 1 Off-street parking paved driveway available on the Watson side. Recent rent increases took effect January 2025. This property is ideal for investors looking for a turn-key property. Dont miss out on this opportunity to expand your real estate portfolio! (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Royal LePage Atlantic