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$244,900
Est. payment /mo
5,005 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB111503
Originating Board New Brunswick Real Estate Board
Lot Size 5,005 Sqft
Acres 5005.2183
Property Description
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:24570)
Location
Province NB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system