Excellent investment opportunity at 97-99 Winter Street! This well-maintained fourplex checks all the boxes with a strong cap rate, low owner expenses and owner occupancy available, with one of the spacious 3-bedroom units vacant on closing. The building offers two 3-bedroom units, one 2-bedroom and one 1-bedroom, with leases in place for the remaining units. Tenants pay their own heat and lights, and the building is entirely electric, no oil heat, with four owned heat pumps. The roof is less than five years old, and two units enjoy generous private patio areas, along with a backyard, garden area and storage shed for all tenants. Street parking is free for tenants and means no driveway or snow-clearing expense for the owner, helping keep operating costs low. The location is exceptional! Walk to Uptown Saint John or TD Station for games and concerts, reach the highway in about a minute, and enjoy convenient access to the hospital, university, college and Rockwood Park. Whether you're an investor or looking to live in a 3-bedroom unit while generating income from the other three, this property offers an attractive combination of low expenses, strong income potential, a great location and owner occupancy! Call today to book your viewing. (id:4069)
Address
97-99 Winter Street
List Price
$479,900
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Saint John
Floor Area
3,542 Sq. Ft.
Lot Size
383 Sq. Ft.
MLS® Number
NB146352
Listing Brokerage
Keller Williams Capital Realty
Basement Area
Crawl space
Postal Code
E2K3W8
Ownership
Freehold
Appliances
Refrigerator, Stove, Washer, Dishwasher, Dryer
Heat Type
Baseboard heaters, Heat Pump
Cooling Features
Heat Pump
Foundation Details
Concrete, Stone
Other Structures
Shed
Water Source
Municipal water
Sewer
Municipal sewage system
