$390,000

97 Victoria Street
Saint John, New Brunswick E2k1l2
MLS® Number: NB140038

  • 3000 sqft sq ft

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:34572)


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Property Summary

  • Bedrooms N/A
  • Bathrooms N/A
  • Architectural Style N/A
  • Property Type Multi-family
  • Square Footage 3000 sqft
  • Total Finished Area 3000 sqft
  • Built In 1955
  • Exterior Finish Cedar shingles, Vinyl
  • Heating Electric Hot Water
  • Title N/A
  • Rental Equipment Water Heater
  • Basement Type None
  • Parking Type Garage
  • Features N/A
  • Flooring Laminate, Linoleum
  • Type Triplex

Land Properties

  • Lot Size 3003 sqft
  • Access Type N/A
  • Water N/A
  • Features N/A
  • Sewer Municipal sewage system

Property Map