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$ 848,000
Est. payment | /mo
2.02 Acres Lot
$ 848,000
Est. payment | /mo
2.02 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB101659
Originating Board New Brunswick Real Estate Board
Lot Size 2.020 Acres
Acres 87991.2
Property Description
Annual gross income of $98,000! This one is too good to be true!!!! Here we have a 9 unit, extremely profitable building with very minimum expenses and a formula that cannot fail you.Seven out of the nine units have been completely renovated. This is in a small community with lots of current and future development going on and there is a strong demand for multi units and next not a whole lot of availability. Great location next door to gas station for convenience, just 5 minutes outside of the village of Minto and amenities, 15-20 minutes to Grand Lake, and under 30 minutes to Fredericton or Oromocto. The building has seen major renovations to most units, along with the roof and exterior recently updated. The property has high visibility, three phase power, plenty of parking, and large 2 acre lot with the opportunity to build another building. If you've been looking for a rental property to add to your portfolio, this is it! (id:24570)
Location
Province NB
Interior
Heating Heat Pump,
Cooling Heat Pump
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Septic System
Others
Ownership Freehold
Listed by Royal LePage Atlantic