23 Centennial West
Rexton, New Brunswick
MLS® NB134444
$950,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- NB134444
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 8Listing description
Well-maintained 9-unit apartment building with Creative Financing options and with an excellent rental history located in the heart of Rexton. This property features nine 1-bedroom units, each with its own laundry hookups separate meters and functional layouts that appeal to long-term tenants. The building also includes a large garage that could be purchased separately and ample on-site parking for tenants and guests.
Several units are larger than typical 1-bedroom layouts, presenting potential for reconfiguration or the addition of extra units, offering investors a clear opportunity to increase rental income and force appreciation (subject to approvals). Located on Centennial West Avenue, the property is within walking distance to the elementary school, shops, and restaurants, and only 34 km from the Town of Richibucto and approximately 50 minutes to Moncton. This property offers stable income today with strong upside potential.
The seller is open to discussing creative financing options, making this an attractive opportunity for investors looking to expand their portfolio with flexible acquisition possibilities.
Property summary
- MLS® number
- NB134444
- Property type
- Multi-family
- Square footage
- 5,836 sq ft
- Title
- Freehold
- Land size
- 0.5 acres
- Annual property taxes
- $10,769.00
- Days on market
- 197 days
Features & details
- Heating
- Baseboard heaters, Electric
- Flooring
- Vinyl
- Appliances
- Refrigerator, Stove
- Exterior features
- Aluminum/Vinyl
What would this home cost you?
Based on the $950,000 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.