278 Watson Street Saint John, New Brunswick E2M 1G9
$289,900
Welcome to this well-maintained 3-unit income property, located on the corner of Watson and Tower west. With a CAP rate of 9.7%, this property offers a fantastic investment opportunity with steady rental income and minimal operating expenses. Each unit is designed for tenant convenience and comfort, making it a sought-after rental option. Three Spacious 2 bedroom Units: Each unit features 2 bedrooms and 1 bathroom. There are 3 meters and the tenants pay their own heat and lights. Parking: 1 Off-street parking paved driveway available on the Watson side. Recent rent increases took effect January 2025. This property is ideal for investors looking for a turn-key property. Dont miss out on this opportunity to expand your real estate portfolio! (id:55272)
Property Details
| MLS® Number | NB118178 |
| Property Type | Multi-family |
| EquipmentType | Water Heater |
| Features | Balcony/deck/patio |
| RentalEquipmentType | Water Heater |
Building
| Appliances | Refrigerator, Stove |
| ExteriorFinish | Vinyl |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| TotalFinishedArea | 1400 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 3702 |
| SizeTotal | 3702 Sqft |
| SizeTotalText | 3702 Sqft |
https://www.realtor.ca/real-estate/28392609/278-watson-street-saint-john
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Paul Bustin
Salesperson
71 Paradise Row
Saint John, New Brunswick E2K 3H6
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May 30 2025 06:44:47
Saint John Real Estate Board Inc
Royal LePage Atlantic