194-196 Duke Street, Saint John, E2L1N8

Home Overview

Description

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:39198)

46 days

On Market

Multi-family

Property Type

$6,951 / Year

Est. Taxes

$0 / Month

Maint. Fees

-

Locker

2023

Year Built