$599,000

194-196 Duke Street
Saint John, New Brunswick E2l1n8
MLS® Number: NB133173

  • 4000 sqft sq ft

Substantially renovated inside and out, this charming 1920s 3-unit property is ideal for investors seeking high income and a property in great condition. Currently offered at 7% CAP. The top two units retain original period character with modern updates for comfort and style. The lower unit, (131 Carmarthen) built in the past four years, has contemporary finishes, just like new. The top suite (194 Duke) has three spacious bedrooms, while the other two units offer two bedrooms each. All units include new kitchens and bathrooms, ample storage, and abundant windows for bright, airy living spaces. Located just four blocks from Uptown Saint Johns amenitiesshops, restaurants, entertainmentand close to schools and public transit. Recent upgrades (circa 2020) include new plumbing, electrical, windows, exterior siding, and heating systems for peace of mind. Tenants pay all utilities, minimizing owner costs. All units are leased to reliable, stable tenants. This turnkey property stands out as a smart investment with strong financials. Consider this as a great first time investment or add to your existing portfolio. (id:34572)


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Property Summary

  • Bedrooms N/A
  • Bathrooms N/A
  • Architectural Style N/A
  • Property Type Multi-family
  • Square Footage 4000 sqft
  • Total Finished Area 4000 sqft
  • Built In 2023
  • Exterior Finish Vinyl
  • Heating Electric Baseboard heaters
  • Title N/A
  • Rental Equipment N/A
  • Basement Type Full (Finished)
  • Parking Type Garage
  • Features N/A
  • Flooring Laminate, Hardwood, Wood
  • Type Triplex

Land Properties

  • Lot Size 152 m2
  • Access Type N/A
  • Water Municipal water
  • Features N/A
  • Sewer Municipal sewage system

Property Map