New Listing
$850,000
 $4,563 est/mo Sourced by Back At You

213 Route 124,Norton, NB E5T1B7

Norton, NB E5T1B7

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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:13843)

Details

MLS #NB149964
Listing TypeFor Sale
StatusActive
Days On Site4
Listing Provided ByColdwell Banker Excellence Realty | Ron Black

Features

SQ Feet5,400
BasementY
Units7
Acreage0.43

Interior

HeatingOther
Fireplace Yes / NoNo

Utilities

SewerMunicipal sewage system
Water SourceWell

Taxes

Tax Annual Amount7015.68

Area Information

ProvinceNB
CityNorton
Postal CodeE5T1B7
Listing VS Median (in E5T1B7)
Price:
$850,000
low | high
Med:
$850,000
50% of Average
sqft:
5,400
low | high
Med:
5,400
50% of Average
$ / sqft:
$157
low | high
Med:
$157
50% of Average
On site:
4
low | high
Med:
4
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceNB
CityNorton
Postal CodeE5T1B7
Listing VS Median (in E5T1B7)
Price:
$850,000
low | high
Med:
$850,000
50% of Average
sqft:
5,400
low | high
Med:
5,400
50% of Average
$ / sqft:
$157
low | high
Med:
$157
50% of Average
On site:
4
low | high
Med:
4
100% of Average
Sourced by Back At You
Listing Updated: October 20, 2026 at 9:41:30 AM PDT