Saint John, NB E2M1G9 278 Watson Street

Welcome to this well-maintained 3-unit income property, located on the corner of Watson and Tower west. With a CAP rate of 9.7%, this property offers a fantastic investment opportunity with steady rental income and minimal operating expenses. Each unit is designed for tenant convenience and comfort, making it a sought-after rental option. Three Spacious 2 bedroom Units: Each unit features 2 bedrooms and 1 bathroom. There are 3 meters and the tenants pay their own heat and lights. Parking: 1 Off-street parking paved driveway available on the Watson side. Recent rent increases took effect January 2025. This property is ideal for investors looking for a turn-key property. Dont miss out on this opportunity to expand your real estate portfolio! (id:7434)