Discover this 8-unit apartment building located in the heart of the Village of Mintojust a short walk to all local amenities and only 40 minutes from Fredericton. With strong rental demand and low vacancy rates in the area, this property offers solid cash flow and future growth potential. The building features a mix of unit updates, including 4 fully renovated apartments and 2 more that have seen partial upgrades. All units are currently tenanted, and each tenant is on a separate meter, paying their own hydrokeeping operating costs low for the owner. A standout feature is the potential to easily add a 9th unit, allowing for increased rental income with minimal investment. Whether you're a seasoned investor or looking to expand your portfolio, this property offers a turnkey opportunity in a thriving rental market. (id:4069)
Address
170 Main Street
List Price
$349,900
Property Type
Multi-family
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Minto
Floor Area
7,000 Sq. Ft.
Lot Size
1530 Sq. Ft.
MLS® Number
NB145134
Listing Brokerage
Keller Williams Capital Realty
Basement Area
Full (Unfinished)
Postal Code
E4B3M6
Ownership
Freehold
Features
Level lot, Corner Site
Appliances
Refrigerator, Stove, Washer, Dryer
Heat Source
Electric
Heat Type
Baseboard heaters
Foundation Details
Block, Concrete
Number Of Floors In Building
2
Water Source
Well
Access To Property
Year-round access, Public Road
Sewer
Municipal sewage system
