568 Havelock Street Saint John, New Brunswick E2M 2Y2

$339,900

Three family with positive cash flow in a wonderful neighbourhood close to schools, daycare, shopping and bus route. This 3 family income property is currently owner-occupied and has two large 3 bedroom flats and a 1 bedroom apartment. Well maintained with some newer windows & doors; updated modified roof in 2017; and breaker panel. This property boasts a double lot on a separate PID under the same property account number. There is a current undeveloped area on the upper level which may represent and opportunity for 4th unit. The are 3 electrical panels so converting over to an alternate financial model is possible. There are 3 heat pumps: 2 are owned and 1 is rented. Current rents include all utilities. Please see income and expense under documents. With a current CAP Rate of 9% this would make a great addition to your investment mix. You may also decide you want to take advantage of the property income and live in one of the units yourself. Either way this is a unique investment opportunity. (id:27750)

Property Details

MLS® Number	NB135396
Property Type	Multi-family
Equipment Type	Heat Pump, Water Heater
Rental Equipment Type	Heat Pump, Water Heater

Building

Appliances	Refrigerator, Stove
Basement Development	Unfinished
Basement Type	Full (unfinished)
Cooling Type	Heat Pump
Exterior Finish	Cedar Shingles, Wood Shingles, Vinyl
Flooring Type	Laminate, Wood
Foundation Type	Concrete
Heating Fuel	Oil
Heating Type	Heat Pump, Hot Water, Radiant Heat
Stories Total	2
Size Interior	3,161 Ft2
Total Finished Area	3161 Sqft
Type	Triplex
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Municipal Sewage System
Size Irregular	10010
Size Total	10010 Sqft
Size Total Text	10010 Sqft

https://www.realtor.ca/real-estate/29501910/568-havelock-street-saint-john