194-196 Tower Street Saint John, New Brunswick E2M 1Z2

$249,000

Welcome to 194-196 Tower Street, a prime opportunity to secure a high-performing investment property. This multi-unit duplex features two spacious units, each offering three bedrooms and one bathroomideal for tenants seeking comfortable and functional living spaces. Unit 194 is currently leased at $1,450 per month (lease ending at the end of June, 2025), and Unit 196 generates $1,150 per month (month-to-month lease with a long-term tenant), combining for a solid monthly income of $2,600. With market demand for rental properties on the rise, this property ensures steady cash flow and long-term value. Please note that a Minimum Property Standards By-law letter is attached to the listing. Buyers are encouraged to request this document from their Realtor, as it contains important information about the property. Dont miss out on this income-generating asset. Book your viewing today and take the next step toward growing your investment portfolio! Offers will be reviewed as they come in. (id:53560)

Property Details

MLS® Number	NB111503
Property Type	Multi-family
Neigbourhood	Fundy Heights

Building

Appliances	Refrigerator, Stove
Exterior Finish	Vinyl
Heating Fuel	Electric
Total Finished Area	3250 Sqft
Type	Duplex
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Municipal Sewage System
Size Irregular	465
Size Total	465 M2
Size Total Text	465 M2

https://www.realtor.ca/real-estate/27833552/194-196-tower-street-saint-john