REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 499,900
Est. payment | /mo
0.38 Acres Lot
$ 499,900
Est. payment | /mo
0.38 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB122696
Lot Size 0.378 Acres
Acres 0.37807122
Property Sub-Type Freehold
Source New Brunswick Real Estate Board
Property Description
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:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Laminate, Vinyl
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold