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:23389)
Property Details
| MLS® Number | NB118178 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Features | Balcony/deck/patio |
| Rental Equipment Type | Water Heater |
Building
| Appliances | Refrigerator, Stove |
| Exterior Finish | Vinyl |
| Fireplace Present | No |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Total Finished Area | 1400 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 3702 |
| Size Total | 3702 Sqft |
| Size Total Text | 3702 Sqft |
https://www.realtor.ca/real-estate/28392609/278-watson-street-saint-john
Interested?
Contact us for more information
Paul Bustin
Salesperson
www.bustinhomes.com/
www.facebook.com/BustinHomes?ref=aymt_homepage_panel
71 Paradise Row
Saint John, New Brunswick E2K 3H6
(506) 658-6440
(506) 658-1149
royallepageatlantic.com/
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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Saint John Real Estate Board Inc
Royal LePage Atlantic
May 30 2025 06:44:47
