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MLS®NB115492-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 asset—contact today for more details!

***Mere Posting: Call Seller (Michael Streek at 506-639-3868) The SELLER HAS INDICATED A WILLINGNESS TO PAY A COMMISSION BROKERAGES REPRENTING BUYERS A COMPENSATION on the sale price to be negotiated with the buyer representative. The seller acknowledges that they are willing to enter a fee Agreement-Use NBREA Form 501 Seller's fee Agreement. Listing Brokerage is only responsible to pay $1. Sellers reserve the right to sell themselves. Contact Michael Streek at 506-639-3868 for all appointments and to present any offers.
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