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$ 759,900
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5,747 Sqft Lot
$ 759,900
Est. payment | /mo
5,747 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB108307
Originating Board New Brunswick Real Estate Board
Year Built 1975
Lot Size 5,747 Sqft
Acres 5747.928
Property Description
Investment Goldmine in the heart of the city: Your Gateway to Rental Income Awaits! Welcome to an exceptional investment opportunity in the heart of downtown! This 5-plex residential building, built around 1975, offers the perfect blend of location, income potential, and versatility. Situated in a vibrant neighborhood with easy access to shopping, dining, entertainment, and public transportation, you can enjoy the convenience of urban living right outside your door. The building features a total of 5 units - one spacious 5-bedroom unit and four 1-bedroom units - each designed to maximize space and comfort. With a strong rental history, the current rental income is an impressive $6,920/month, making this property a lucrative investment. Each unit boasts modern finishes, vinyl and laminate flooring, and large windows that fill the space with natural light. The 5-bedroom unit is ideal for families or groups, while the 1-bedroom units cater to young professionals and couples. Sitting on a generous 534 sq. meters, this property provides ample space for tenants and potential outdoor areas. Located in a rapidly developing area, this property not only offers solid returns today but also has great potential for appreciation in the future. Don't miss your chance to own a prime piece of real estate in one of the city's most desirable locations. (id:24570)
Location
Province NB
Interior
Heating Baseboard heaters,
Flooring Ceramic, Laminate
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold