213 Route 124, Norton, New Brunswick E5T1B7

Listing courtesy of Coldwell Banker Excellence Realty.

$850,000
5,400
SqFt

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List Price
$850,000
MLS®
NB149964
Days on Market
17
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Living Area
5,400
Lot Size Dimensions
1721
Lot Size
1,721

Property Description

Here is a great investment opportunity with 7 apartment units fully occupied. They consist of 1 one bedroom apt. and 6 two Bedroom apartments. There is also a 106x26 commercial building currently rented by a family member. It is heated with a ducted heat pump and has a separate meter. The basement is heated by heat pump. The apartments are well maintained an most have washer an dryer hook up and are heated with heated electric baseboard heaters. Each unit is on a separate meter. There is a very large gravel parking lot. The owner has had the property for about 40 years and it shows pride of ownership.The rents are below market so there is an opertunity to grow the revenue. The commercial building could easily be converted to storage. What an amazing opportunity for the right investor! (id:5764)

Additional Information

Ownership
Freehold
Country
Canada
Flooring
Laminate, Wood
Sewer
Municipal sewage system
Heating
Other
Total Number Of Units
7
Lot Size
1,721

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