Description
100% TENTED - SEVEN ROOMS PLUS GARAGE RENTAL INCOME OVER $4000/MONTH // Welcome to 8 Kirk Street, a well-maintained income property in the heart of Sackville that offers the perfect combination of reliable cash flow and long-term investment potential. Located just a short walk from Mount Allison University and the vibrant downtown core, this property has built a strong reputation for attracting quality tenants and staying consistently occupied. The home has been thoughtfully renovated while maintaining its character, creating a warm and comfortable living environment that tenants are proud to call home. With a variety of rental spaces and additional garage income, the property provides multiple streams of revenue, making it an attractive addition to any investment portfolio. Currently fully rented on month-to-month leases, 8 Kirk Street offers immediate positive cash flow along with the flexibility that many investors value. A property manager is already in place, allowing for a smooth transition and making this an ideal turnkey opportunity for both experienced and first-time investors. Whether you're looking to expand your portfolio or secure a dependable income-producing property, 8 Kirk Street delivers an exceptional balance of stability, flexibility, and strong returns, highlighted by an impressive 11.25% cap rate. With its unbeatable location, proven rental history, and welcoming atmosphere, this is the kind of investment that continues to perform year after year. (id:13843)
Details
| MLS # | NB146244 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 64 |
| Listing Provided By | RE/MAX Avante | Chrissy Guitard |
Features
| SQ Feet | 1,811 |
|---|---|
| Basement | Y |
| Story(s) | 1 |
| Units | 7 |
| Acreage | 0.19 |
Interior
| Heating | Baseboard heaters, Electric |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Concrete |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 3515.48 |
|---|
Area Information
| Province | NB |
|---|---|
| City | Sackville |
| Postal Code | E4L3E6 |
| Listing VS Median (in E4L3E6) | |
Price: $295,000 low | high Med: $295,000 sqft: 1,811 low | high Med: 1,811 $ / sqft: $163 low | high Med: $163 On site: 64 low | high Med: 73.5 | |
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Learn More About This Property
| Province | NB |
|---|---|
| City | Sackville |
| Postal Code | E4L3E6 |
| Listing VS Median (in E4L3E6) | |
Price: $295,000 low | high Med: $295,000 sqft: 1,811 low | high Med: 1,811 $ / sqft: $163 low | high Med: $163 On site: 64 low | high Med: 73.5 | |
