894 Principale Street
Beresford, New Brunswick
MLS® NB133320
$750,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- NB133320
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1991
1 / 18Listing description
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.
Property summary
- MLS® number
- NB133320
- Property type
- Multi-family
- Square footage
- 3,600 sq ft
- Title
- Freehold
- Land size
- 10000 square feet
- Built in
- 1991
- Annual property taxes
- $13,100.00
- Days on market
- 220 days
Features & details
- Heating
- Baseboard heaters, Electric
- Flooring
- Laminate, Vinyl
- Appliances
- Refrigerator, Stove
- Exterior features
- Vinyl
What would this home cost you?
Based on the $750,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of eXp Realty, Moncton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.