NEW PRICE - 11% CAP RATE! 100% PROFESSIONALLY RENOVATED TRIPLEX

$229,900.00
Posted
268 Park St, Moncton, NB E1C 6G9, Canada(View Map)
  • Bedrooms (#)
    6 or more bedrooms
  • Bathrooms (#)
    4 bathrooms

BMO Mortgage Offer

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Description

MLS®M116681 - INCOME PROPERTY AT ITS FINEST!! MAKE SOLID $$ IN MONCTON REAL ESTATE! EXCELLENT CASHFLOW AND 100% TURNKEY READY TO GO!! BRAND NEW APPLIANCES & CURTAINS INCLUDED!! PLEASE ACT QUICKLY - THIS WILL NOT LAST!

WALKTHROUGH PREVIEW VIDEO HERE: https://tinyurl.com/y86py2qf

This 7 Bedroom, 4 bathroom property includes one detached home with 2 bedrooms and a full bath. The duplex unit offers 3 bedrooms and 2 baths on one side, and the other side offers 2 bedrooms and a full bath.

FULLY PROFESSIONALLY RENOVATED which includes but not limited to ALL NEW roof shingles, exterior siding, gas furnaces, windows, doors, kitchens, bathrooms, plumbing, drains, electrical, floors, walls, ceilings, insulation, foundation, front decks - you name it, it was done. No expense was spared with $135,000 spent just on the final phase of this renovation. The property now needs nothing and should be maintenance free for years.

This is an excellent opportunity for investors: the 3 units will bring income of $33,000 with expenses of $7800 giving you a CAP rate of 11%. Financials are available when requested. This property will interest any investor and will go quickly. OR you can live in one unit, rent the other 2, and still make good cashflow! ACT NOW!! Property is currently vacant due to all the renovations that were just completed. Easy access to view, plenty of parking, quick closing possible and options available for Vendor Take Back or Rent to Own.

Please contact Ricky Cormier Assist 2 Sell Hub City Realty 169 Mountain Rd Moncton, NB E1C 2C4 506-859-7779

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