130 Inverness Avenue Saint John, New Brunswick E2J 3Z8
$2,250,000
Prime Investment Opportunity in East Saint John. Nestled in a secure and peaceful neighborhood of East Saint John, this meticulously maintained and fully renovated 12-unit apartment building is an exceptional investment opportunity. Each spacious two-bedroom unit boasts a modern kitchen equipped with six full-size appliances, including an in-unit laundry facility for ultimate convenience. Key Highlights: Spacious Units: Each apartment offers approximately 850 sq. ft. of comfortable living space. Tenant-Paid Utilities: Tenants cover their own electricity, which includes heating and lighting. Outdoor Amenities: Two communal decks and ample green space provide a welcoming outdoor environment. Parking: 24 parking spaces (2 per unit) ensure ample room for residents and guests. Recent Upgrades: The roof was recently redone with a modernized system for long-term durability. City Compliance: Municipal water and sewage with no outstanding city work orders. Financial Overview: Annual Revenue: $192,000. Annual Expenses (including property taxes): $32,000. Verified financials available for serious buyers upon request. Conveniently located just 5 minutes from shopping, dining, and essential amenities, this turn-key investment property is fully up-to-date and ready for new ownership. Don't miss out on this highly desirable, income-generating assetcontact today for more details! (id:61805)
Property Details
| MLS® Number | NB115492 |
| Property Type | Multi-family |
| Features | Balcony/deck/patio |
Building
| Appliances | Refrigerator, Microwave, Stove, Washer, Dishwasher, Dryer |
| Cooling Type | Heat Pump |
| Exterior Finish | Brick, Vinyl |
| Fire Protection | Smoke Detectors |
| Flooring Type | Laminate |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Heat Pump |
| Total Finished Area | 5400 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.53 |
| Size Total | 0.53 Ac |
| Size Total Text | 0.53 Ac |
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 03 2025 07:13:39
New Brunswick Real Estate Board
Assist 2 Sell Hub City Realty