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:31684)
Property Features
Heating Information
Hot Water
Electric
Listing Courtesy: EXIT Realty Specialists
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 and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.