Loch Lemon Road to Bon Accord Drive and left to Inverness Ave 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:27476)
