16 Francois Road, Grand-Barachois, New Brunswick E4P1M7

Property Description

TURNKEY DUPLEX WITH EXCELLENT INCOME POTENTIAL IN GRAND-BARACHOIS! Welcome to 16 Francois Rd. Whether you're looking to offset your mortgage with rental income or add a solid investment property to your portfolio, this well maintained duplex offers an exceptional opportunity! Ideally located on François Road, a dead-end street just five minutes from Shediac, this property combines the convenience of nearby amenities and highway access with the benefits of a spacious lot measuring just under one acre. Boasting approximately 2,800 square feet of total living space, with an impressive 1,400 square feet per unit, this property offers exceptionally generous living areas rarely found in traditional duplexes! Featuring a practical up and down layout, the upper unit offers three bedrooms and a full bathroom, while the lower unit features two bedrooms, an additional non egress room, a full bathroom, and two private entrances. With an established rental history, the lower unit provides an excellent opportunity to generate additional income and help reduce your monthly mortgage expenses. A great advantage is the already installed separate electrical meter setup, requiring activation through NB Power, offering the potential for tenants to cover their own electricity costs. With numerous upgrades completed since 2018, including renovated kitchens in both units, fully spray foamed basement and a back up generator panel already wired and ready to go. The property also features an energy efficient geothermal heating system, a detached garage, and a large private backyard offering plenty of space and possibilities. Well maintained inside and out, move-in ready, and offering outstanding versatility, this property is truly a turnkey opportunity! Whether you're a homeowner looking to make your mortgage more affordable or an investor seeking a property with proven rental potential, this one deserves your attention. Don't delay and call your favourite REALTOR® today for more information! (id:5764)