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:27750)
| MLS® Number | NB134441 |
| Property Type | Multi-family |
| Equipment Type | None |
| Rental Equipment Type | None |
| Appliances | Refrigerator, Stove, Washer, Dishwasher, Dryer |
| Basement Type | None |
| Constructed Date | 2024 |
| Exterior Finish | Vinyl |
| Flooring Type | Laminate |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 3,100 Ft2 |
| Total Finished Area | 3100 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 3896.54 |
| Size Total | 3896.54 Sqft |
| Size Total Text | 3896.54 Sqft |
https://www.realtor.ca/real-estate/29432074/30-saint-catherine-street-saint-john
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