97 Victoria Street Saint John, New Brunswick E2K 1L2

$390,000

Welcome to 97 Victoria Street, Saint John, New Brunswick a well-maintained three-unit investment property with strong rental performance and excellent future potential. This property features Unit A, Unit B, and Unit C, all self-contained and efficiently designed. Each unit generates $1,875 per month plus utilities, providing steady and reliable income. All units are equipped with separate electrical meters, offering convenient utility management and reduced landlord expenses. The property is well cared for and in good overall condition, including a roof inspection and service completed in 2024. Located in the highly accessible North End of Saint John, the property offers easy access to major roadways, public transit and bus service, and everyday amenities including Sobeys, restaurants, grocery stores, and nearby schools making it a highly desirable location for tenants. Based on current income and expenses, the property offers an estimated potential cap rate 14%, presenting a strong opportunity for cash-flow-focused investors. A rare opportunity for investors seeking strong income and long-term upside potential. Book your private viewing today. (id:61805)

Property Details

MLS® Number	NB140038
Property Type	Multi-family
Neigbourhood	Pokiok
Equipment Type	Water Heater
Features	Balcony/deck/patio
Rental Equipment Type	Water Heater
Structure	Shed

Building

Appliances	Refrigerator, Microwave, Stove, Washer, Dryer
Basement Type	None
Constructed Date	1955
Exterior Finish	Cedar Shingles, Vinyl
Fire Protection	Smoke Detectors
Flooring Type	Laminate, Linoleum
Foundation Type	Concrete
Heating Fuel	Electric
Heating Type	Hot Water
Size Interior	3,000 Sqft
Total Finished Area	3000 Sqft
Type	Triplex

Land

Acreage	No
Sewer	Municipal Sewage System
Size Irregular	3003
Size Total	3003 Sqft
Size Total Text	3003 Sqft