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:4069)
Address
8 Kirk Street
List Price
$295,000
Property Type
Single Family
Type of Dwelling
Multi-Family
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Sackville
Bedrooms
7
Bathrooms
2
Floor Area
1,811 Sq. Ft.
Lot Size
765 Sq M.
MLS® Number
NB145039
Listing Brokerage
RE/MAX Avante
Basement Area
Full
Postal Code
E4L3E6
Ownership
Freehold
Heat Source
Electric
Heat Type
Baseboard heaters
Foundation Details
Concrete
Number Of Floors In Building
1.5
Water Source
Municipal water
Access To Property
Year-round access, Public Road
Sewer
Municipal sewage system
