Welcome to 194-196 Tower Street, a prime opportunity to secure a high-performing investment property. This multi-unit duplex features two spacious units, each offering three bedrooms and one bathroomideal for tenants seeking comfortable and functional living spaces. Unit 194 is currently empty but leased at $1,450 per month, and Unit 196 generates $1,150 per month (month-to-month lease with a long-term tenant), combining for a solid monthly income of $2,600. With market demand for rental properties on the rise, this property ensures steady cash flow and long-term value. Please note that a Minimum Property Standards By-law letter is attached to the listing. Buyers are encouraged to request this document from their Realtor, as it contains important information about the property. There is also a quote available to fix the panelling issue mentioned in the letter, ask your Realtor for a copy. Dont miss out on this income-generating asset. Book your viewing today and take the next step toward growing your investment portfolio! Offers will be reviewed as they come in. (id:19018)
MLS® Number | NB111503 |
Property Type | Multi-family |
Neigbourhood | Fundy Heights |
Appliances | Refrigerator, Stove |
Exterior Finish | Vinyl |
Heating Fuel | Electric |
Total Finished Area | 3250 Sqft |
Type | Duplex |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
Size Irregular | 465 |
Size Total | 465 M2 |
Size Total Text | 465 M2 |
https://www.realtor.ca/real-estate/27833552/194-196-tower-street-saint-john
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