Priced at a 6.5% CAP rate, this exceptional, fully leased triplex has been stripped to the frame and completely rebuilt, making it effectively a brand-new building in the heart of Uptown Saint John. The property features three fully renovated units consisting of two two bedroom units and one three bedroom unit, each offering spacious open-concept living areas, sizeable bedrooms, owned heat pumps, and private entrances. Tenants are responsible for their own heat and lights. The extensive renovation includes all-new insulation, drywall, subfloors, windows, doors, electrical, plumbing, and three 100-amp electrical panels. The building has been upgraded to meet the 2025 building code, with countless additional improvements throughout. A complete list of renovations and improvements is available upon request as well as complete construction drawings. This is a true turnkey investment opportunity with strong numbers, offering modern, high-quality units designed to provide tenants with an exceptional standard of living. Located just a minutes walk from Queen Square and the Central Peninsula School which is currently under construction, and approximately five minutes from the heart of Uptown, the property combines high-quality rental units with an excellent location. (id:4069)
Address
20 Harding Street
List Price
$744,000
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Saint John
Floor Area
2,700 Sq. Ft.
Lot Size
2400 Sq. Ft.
MLS® Number
NB145873
Listing Brokerage
SUTTON GROUP AURORA REALTY LTD.
Basement Area
Full (Unfinished)
Postal Code
E2L1T6
Ownership
Freehold
Appliances
Refrigerator, Stove, Washer, Dishwasher, Dryer
Heat Source
Electric
Heat Type
Baseboard heaters, Heat Pump
Cooling Features
Heat Pump
Foundation Details
Concrete
Water Source
Municipal water
Sewer
Municipal sewage system
