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$ 249,900
Est. payment | /mo
2,400 SqFt
$ 249,900
Est. payment | /mo
2,400 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2400
Square Footage 2,400 sqft
Price per Sqft $104
MLS® Listing ID NB143256
Lot Size 3,401 Sqft
Acres 0.0780853
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Vinyl
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by eXp Realty