130 Inverness Avenue Saint John, New Brunswick E2J 3Z8

$2,250,000

Prime Investment Opportunity in East Saint John. Nestled in a secure and peaceful neighborhood of East Saint John, this meticulously maintained and fully renovated 12-unit apartment building is an exceptional investment opportunity. Each spacious two-bedroom unit boasts a modern kitchen equipped with six full-size appliances, including an in-unit laundry facility for ultimate convenience. Key Highlights: Spacious Units: Each apartment offers approximately 850 sq. ft. of comfortable living space. Tenant-Paid Utilities: Tenants cover their own electricity, which includes heating and lighting. Outdoor Amenities: Two communal decks and ample green space provide a welcoming outdoor environment. Parking: 24 parking spaces (2 per unit) ensure ample room for residents and guests. Recent Upgrades: The roof was recently redone with a modernized system for long-term durability. City Compliance: Municipal water and sewage with no outstanding city work orders. Financial Overview: Annual Revenue: $192,000. Annual Expenses (including property taxes): $32,000. Verified financials available for serious buyers upon request. Conveniently located just 5 minutes from shopping, dining, and essential amenities, this turn-key investment property is fully up-to-date and ready for new ownership. Don't miss out on this highly desirable, income-generating assetcontact today for more details! (id:50541)

Property Details

MLS® Number	NB115492
Property Type	Multi-family
Features	Balcony/deck/patio

Building

Appliances	Refrigerator, Microwave, Stove, Washer, Dishwasher, Dryer
Cooling Type	Heat Pump
Exterior Finish	Brick, Vinyl
Fire Protection	Smoke Detectors
Flooring Type	Laminate
Foundation Type	Concrete
Heating Fuel	Electric
Heating Type	Baseboard Heaters, Heat Pump
Total Finished Area	5400 Sqft
Utility Water	Municipal Water

Land

Access Type	Year-round Access
Acreage	No
Sewer	Municipal Sewage System
Size Irregular	0.53
Size Total	0.53 Ac
Size Total Text	0.53 Ac

https://www.realtor.ca/real-estate/28114858/130-inverness-avenue-saint-john