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Kevin Hollohan

kevin@506realty.ca +1(506) 447-2896

$ 249,900

Est. payment | -/mo

3 Beds

2 Baths

1,363 SqFt

Save

$ 249,900

Est. payment | -/mo

Save

3 Beds

2 Baths

1,363 SqFt

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1363

Square Footage 1,363 sqft

Price per Sqft $183

MLS® Listing ID NB148430

Bedrooms 3

Half Baths 1

Lot Size 3,573 Sqft

Acres 0.08203898

Property Sub-Type Townhouse

Property Description

This rental investment has it all: close to amenities, close to major, dependable employers, a family- friendly walkable neighbourhood, positive cash flow, in a trendy upward area, with long-term tenants and the potential for additional units. This 3BR/2Bath freehold townhouse in quickly growing Marysville is walking distance to parks, the trail system, workplaces, the pharmacy and other shops, churches, the baseball field and popular meet-up coffee shop The Landing. With a public transit stop right outside the door and the Hwy 8 bypass minutes away, roads take you uptown, downtown or out to the country in 15 mins. Annual revenue of almost $22,000. SNB lease and security deposit in place. Tenants pay own heat, hot water and lights. The charm of the property, historic Marysville and views of the Nashwaak River combined with special features like outdoor gardening space, oodles of storage, a covered front porch and enclosed back porch attract long-term tenants who take extra care. The property is professionally managed and maintained by Nest PM. With a lower list price than most rentals, this is a great opportunity for first-time investors without the added expense of monthly condo fees or mini home park rental. Seasoned investors may be interested in buying both 2 & 4 River Street. With the new City zoning and additional land included on the corner with 2 River, there is the potential for further development. Note that measurements exclude areas with angled ceilings. (id:24570)

Location

Province NB

Lake Name Nashwaak River

Rooms

Kitchen 1.0

Extra Room 1 Second level 4'7'' x 3'8'' Bath (# pieces 1-6)

Extra Room 2 Second level 7'10'' x 4'7'' Bath (# pieces 1-6)

Extra Room 3 Second level 10'0'' x 7'11'' Bedroom

Extra Room 4 Second level 10'4'' x 9'6'' Bedroom

Extra Room 5 Second level 16'0'' x 10'9'' Primary Bedroom

Extra Room 6 Main level 8'7'' x 7'4'' Storage

Interior

Heating Baseboard heaters, Forced air, ,

Flooring Ceramic, Wood

Exterior

Parking Features No

View Y/N Yes

View River view

Attached Garage No

Garage No

Private Pool No

Building

Lot Description Landscaped

Story 1.5

Sewer Municipal sewage system

Water Nashwaak River

Others

Ownership Freehold

Listed by Keller Williams Capital Realty

Nearby Locations

+1(506) 447-2896

kevin@506realty.ca

2 River Street Fredericton, NB E3A4L6