$750,000
894 Principale Street
Beresford, New Brunswick, E8K2G8
- Multi-family
- 3,600 sq ft
Listing brokerage: eXp Realty
Listing REALTOR®: Art Dadson, Salesperson
MLS® number: NB133320
Data provided by: New Brunswick
About this property
Turnkey investment opportunity positioned directly on Main Street with excellent visibility and tenant appeal. This well-configured 7-unit building includes 2 one-bedroom units, 4 two-bedroom units, and 1 bachelor unit, offering a diversified rental mix that supports stable occupancy and consistent income. Ownership has already completed a major value add: all electrical meters and hot water tank rentals are separated and paid by tenants, significantly reducing operating expenses and improving net returns. 100 AMP panels added to each unit giving you the ability to add even more value by adding heat pumps in each unit as a part of your future upgrades. An additional garage rental provides supplementary monthly income. Location drives demand just minutes from downtown Bathurst and close to shopping, services, schools, and daily amenities, making this a practical choice for long-term tenants. Low management intensity, improved expense structure, and multiple income streams make this a solid addition to any portfolio. (id:67706)
Details
- Property type
- Multi-family
- Ownership
- Freehold
- Units
- 7
- Living area
- 3,600 sq ft
- Lot size
- 10000
- Year built
- 1991
- Storeys
- 2
- Heating
- Baseboard heaters, Electric
- Foundation
- Slab
- Exterior
- Vinyl
- Flooring
- Laminate, Vinyl
- Appliances
- Refrigerator, Stove
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Annual taxes
- $13,100
- MLS® number
- NB133320
Terms of use for listing information: by using this site you agree to these terms and the site Terms of Use.
This website is operated by Nick Badyal, a REALTOR® member of The Canadian Real Estate Association (CREA), with Century 21 Generation Real Estate Advisors (residential) and ONE Commercial Real Estate Advisors (commercial). Listings shown are New Brunswick MLS® listings from the REALTOR.ca DDF®; most are listed by other brokerages, and each listing names its listing brokerage.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. REALTOR.ca Canada Inc. reproduces and distributes this information as a service for its members and neither CREA nor REALTOR.ca Canada Inc. assumes responsibility for its accuracy.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Listings are refreshed from the REALTOR.ca DDF® at least every 24 hours and listings that are no longer current are removed. Photos are displayed as supplied, without alteration. No listing content on this site is augmented.