894 Principale Street, Beresford, New Brunswick E8K 2G8

Listed for:
$750,000
0 beds
0 baths
Listed 11 days ago
894 Principale Street, Beresford, New Brunswick E8K 2G8

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About

Head North out of bathurst on Peter Avenue. Becomes Rue Principale once you hit beresford. Property will be on the left side next to the Dollar Store 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:27476)

Property Highlights

MLS® Number
NB133320
Type
Multi-family
Ownership Type
Freehold
Land Size
10000 sqft

Building

Storeys
2.00
Square Footage
3600 sqft
Exterior Finish
Vinyl
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
eXp Realty
MLS® number:
NB133320
Agent:
Art Dadson
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