278 Watson Street new

Saint John,NB E2M1G9

$ 289900

- Bed

- Bath

0 SqFt


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

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