35 Centennial Drive, Saint John

About this property

Don't miss your chance to own this solid, purpose-built 11-unit apartment building in a fantastic location! Offering an excellent unit mix of 3 three-bedroom units, 6 two-bedroom units, and 2 one-bedroom units, this property presents an incredible opportunity for investors looking to expand their portfolio with rents at $202,236/year and expenses at $46.119.09 approximately. The building has seen numerous improvements, with 7 units fully updated and 2 partially updated, leaving very little work for the next owner. Currently, 9 of the 11 units are occupied, with the 2 vacant units already updated and ready for new tenants. Some units offer beautiful views of the bay, adding to the property's appeal. Additional features include a secure fob entry system, on-site security cameras, and common laundry facilities. Storage lockers are currently under construction, offering another potential revenue stream once completed. With its solid construction, desirable location, numerous upgrades, and potential for additional cash flow, this is a rare opportunity to acquire a substantial multi-unit investment property. Opportunities like this don't come along often. Contact your favourite REALTOR® to book your private viewing today! (id:66811)