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$ 750,000
Est. payment | /mo
3,600 SqFt
$ 750,000
Est. payment | /mo
3,600 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3600
Square Footage 3,600 sqft
Price per Sqft $208
MLS® Listing ID NB133320
Year Built 1991
Lot Size 10,000 Sqft
Acres 10000.0
Property Sub-Type Freehold
Property Description
Turnkey investment opportunity positioned directly on Main Street with excellent visibility and tenant appeal. This well-configured 7-unit building includes 2 one-bedroom units, 4 two-bedroom units, and 1 bachelor unit, offering a diversified rental mix that supports stable occupancy and consistent income. Ownership has already completed a major value add: all electrical meters and hot water tank rentals are separated and paid by tenants, significantly reducing operating expenses and improving net returns. 100 AMP panels added to each unit giving you the ability to add even more value by adding heat pumps in each unit as a part of your future upgrades. An additional garage rental provides supplementary monthly income. Location drives demand just minutes from downtown Bathurst and close to shopping, services, schools, and daily amenities, making this a practical choice for long-term tenants. Low management intensity, improved expense structure, and multiple income streams make this a solid addition to any portfolio. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Laminate, Vinyl
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by eXp Realty
Nearby Locations
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