9418 Main

Richibucto, New Brunswick, E4W4E2

Multi-family
2,400 sq ft

Listing brokerage: eXp Realty

Listing REALTOR®: Art Dadson, Salesperson

MLS® number: NB143256

Data provided by: New Brunswick

View this listing on REALTOR.ca

About this property

Investor opportunity in the heart of Richibucto with a VTB available. This versatile mixed-use triplex offers stable income, strong visibility, and clear future upside in a high-exposure Main Street location. The property currently includes two commercial units and one residential one-bedroom apartment, with long-term tenants already in place. The commercial spaces are occupied by a sign shop and a day Care/Coffee Shop, both operating primarily Monday to Friday, creating a low-impact tenant profile and a property that is straightforward to manage. Each unit is separately metered, helping keep operating responsibilities clean and efficient. Recent improvements include a new roof in 2024, adding confidence for investors looking for a lower-maintenance acquisition. The property also offers ample parking, water views, and is located just steps from the public marina, local businesses, services, and community amenities. What makes this property especially attractive is the future potential. The existing structure offers possible room to reconfigure and create an additional unit within the current layout, subject to approvals. There may also be opportunity to expand the structure over time, giving the next owner multiple paths to increase income, improve value, and force appreciation. Whether the goal is steady cash flow, a mixed-use portfolio addition, or a long-term value-add play, this property offers the right fundamentals: location, tenants, visibility, flexibility, and upside. A practical income property with stable tenancy today and clear growth potential for tomorrow. (id:67706)

Details

Property type: Multi-family
Building type: Triplex
Ownership: Freehold
Units: 3
Living area: 2,400 sq ft
Lot size: 316
Heating: Baseboard heaters, Electric
Basement: Crawl space
Foundation: Block, Concrete
Exterior: Vinyl
Flooring: Vinyl
Appliances: Refrigerator, Stove
Water: Municipal water
Sewer: Municipal sewage system
Waterfront: Waterfront on ocean
Annual taxes: $6,323
MLS® number: NB143256

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