New ListingHere 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)
| MLS # | NB149964 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 4 |
| Listing Provided By | Coldwell Banker Excellence Realty | Ron Black |
| SQ Feet | 5,400 |
|---|---|
| Basement | Y |
| Units | 7 |
| Acreage | 0.43 |
| Heating | Other |
|---|---|
| Fireplace Yes / No | No |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Well |
| Tax Annual Amount | 7015.68 |
|---|
| Province | NB |
|---|---|
| City | Norton |
| Postal Code | E5T1B7 |
| Listing VS Median (in E5T1B7) | |
Price: $850,000 low | high Med: $850,000 sqft: 5,400 low | high Med: 5,400 $ / sqft: $157 low | high Med: $157 On site: 4 low | high Med: 4 | |
| Province | NB |
|---|---|
| City | Norton |
| Postal Code | E5T1B7 |
| Listing VS Median (in E5T1B7) | |
Price: $850,000 low | high Med: $850,000 sqft: 5,400 low | high Med: 5,400 $ / sqft: $157 low | high Med: $157 On site: 4 low | high Med: 4 | |