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Home NB Greater Saint John Saint John Lakewood
130 Inverness Avenue
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130 Inverness Avenue $2,250,000
$2,250,000
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130 Inverness Avenue
Saint John, New Brunswick E2J3Z8

MLS® Number: NB115492

Listing Description

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! (28230350)

Location Description

Loch Lemon Road to Bon Accord Drive and left to Inverness Ave

Property Summary

Property Type
Multi-family
Land Size
0.53 ac
Annual Property Taxes
$19,532.28
Time on REALTOR.ca
17 days

Price and Sale History

Date Status Price
Jun 30, 2013 Sale Closed $650,000
Jul 30, 2008 Sale Closed $615,000
Nov 10, 2007 Sale Closed $495,000

Building

Interior Features
Appliances Included
Refrigerator, Microwave, Stove, Washer, Dishwasher, Dryer
Flooring
Laminate
Building Features
Features
Balcony/Deck/Patio
Foundation Type
Concrete
Fire Protection
Smoke Detectors
Total Units
12
Heating & Cooling
Cooling
Heat Pump
Heating Type
Baseboard heaters, Heat Pump, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl

Measurements

Total Finished Area
5400 sqft

Land

Other Property Information
Access
Year-round access
Data provided by: New Brunswick Real Estate Board Unit 1 - 1000 Sandy Point Road, Saint John, New Brunswick E2K 5H3

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