Property Information:

Strong income and modern construction come together in this fully rented three-unit building built in 2024. With newer construction and minimal maintenance expected for years to come, this property offers a solid addition to any investment portfolio. All three units are rented at $1,800 per month with tenants paying their own utilities, providing stable income and a strong cap rate. Tenants are on one-year leases, offering reliability while still allowing flexibility to increase rents this year as market conditions allow. Each unit features two bedrooms, an open-concept kitchen and living area, private balcony, and the convenience of in-unit laundry with washer and dryer. The property also offers off-street parking for six vehicles, an important feature for tenants and long-term rental appeal. For buyers looking to enter the market, this property also provides the option of owner-occupied investing, allowing you to live in one unit while the others generate income. With strong rental demand and zero vacancy, this is a solid turn-key opportunity. Conveniently located close to shopping, restaurants, public transit, and quick highway access for commuting. (id:27)

Building Features:

Style: Multiplex
Building Type: Triplex
Basement Type: None
Exterior Finish: Vinyl
Floor Space: 3100 sqft
Flooring Type: Laminate
Foundation Type: Concrete
Total Finished Area: 3100 sqft
Heating Type: Baseboard heaters
Heating Fuel: Electric
Appliances: Refrigerator, Stove, Washer, Dishwasher, Dryer

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Built in: 2024
Floor Space (approx): 3100 Square Feet
Irregular: Yes
Lot Size: 3896.54 Square Feet
Sewer: Municipal sewage system

Courtesy of: EXIT Realty Specialists

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Demographic Information of 30 Saint Catherine Street, Saint John, New Brunswick, E2J 2J2

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$75,537.20

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.97 %

High school certificate or equivalent

40.06 %

Apprenticeship trade certificate/diploma

11.31 %

College/non-university certificate

24.98 %

University Degree

8.67 %

Commuter

Travel To Work

By Car

79.92 %

By Public Transit

10.55 %

By Walking

5.92 %

By Bicycle

0.0 %

By Other Methods

3.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

21.3 %

Houses

78.7 %

30 Saint Catherine Street, Saint John, New Brunswick, E2J 2J2