404 Main Street, Shediac, New Brunswick E4P2G1

Listing courtesy of EXIT Realty Associates.

$1,525,000
6,400
SqFt

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List Price
$1,525,000
Price Change
▼ $75,000 1781917939
MLS®
NB135779
Days on Market
136
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Living Area
6,400
Lot Size Dimensions
2231
Lot Size
2,231

Property Description

Located in the heart of downtown Shediac, this well-maintained 11-unit investment property offers a rare combination of charm, character, and strong rental history. The property consists of two separate buildings. The front building is a designated heritage property full of character, featuring a secure entrance, an inviting lobby, and four residential units with a coin-operated laundry facility in the basement. The building is individually metered and includes two water heaters in the unfinished basement, which also provides additional storage space. The second building includes seven units, most of which are equipped with in-unit washer and dryer. The remaining two units have access to the laundry facilities in the main building. Constructed on a slab, this building offers a variety of unit layouts to suit different tenant needs. This property boasts an excellent rental history with predominantly long-term tenants. Ideally situated within walking distance to all amenities including shopping, restaurants, schools, a medical clinic, and a pharmacy; it offers convenience and lifestyle appeal. Ample on-site parking is available for tenants. Utilities are not included. This is a unique investment opportunity featuring strong income potential and undeniable charm. Don't wait, call or text for more information. (id:5764)

Additional Information

Ownership
Freehold
Country
Canada
Flooring
Laminate, Ceramic
Sewer
Municipal sewage system
Heating
Baseboard heaters, Electric
Total Number Of Units
11
Lot Size
2,231

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