09/21/2026
🏠 INVESTMENT OPPORTUNITY | 105 Victoria Street
💰 Approaching a 10% CAP RATE based on current operating figures!
Looking for an income-producing property with strong existing cash flow and exciting value-add potential? This well-maintained triplex is worth a look! 📈
🔑 3 occupied units with long-term tenants on month-to-month agreements
🏡 Current configuration:
• 2 × 2-bedroom units
• 1 × 1-bedroom unit
🚀 VALUE-ADD POTENTIAL:
With renovations and the required municipal approvals, there may be an opportunity to explore converting the property to up to 5 units, potentially increasing rental income.
✨ Additional Highlights:
✅ Well-managed operating costs
🔥 Heating costs under approximately $5,000 last year
💧 Municipal water is metered
⚡ Tenants pay their own electricity
🧺 2 units have their own laundry
🅿️ 2 off-street parking spaces + nearby street parking
🏠 Tar-and-gravel flat roof
📍 Convenient Location:
Located on a bus route and close to an elementary school, Shamrock Park, grocery stores, restaurants, and everyday amenities.
📈 Great opportunity for investors looking for immediate rental income with future value-add potential!
📩 Message for more information, financials, or to arrange a viewing.
More information: https://www.realtor.ca/real-estate/30305632/105-victoria-street-saint-john