3564 Route 10 Albrights Corner, New Brunswick E4B 1A3
$848,000
Annual gross income of $98,000! This one is too good to be true!!!! Here we have a 9 unit, extremely profitable building with very minimum expenses and a formula that cannot fail you.Seven out of the nine units have been completely renovated. This is in a small community with lots of current and future development going on and there is a strong demand for multi units and next not a whole lot of availability. Great location next door to gas station for convenience, just 5 minutes outside of the village of Minto and amenities, 15-20 minutes to Grand Lake, and under 30 minutes to Fredericton or Oromocto. The building has seen major renovations to most units, along with the roof and exterior recently updated. The property has high visibility, three phase power, plenty of parking, and large 2 acre lot with the opportunity to build another building. If you've been looking for a rental property to add to your portfolio, this is it! (id:55272)
Property Details
| MLS® Number | NB101659 |
| Property Type | Multi-family |
| EquipmentType | None |
| RentalEquipmentType | None |
Building
| Appliances | Refrigerator, Stove, Washer, Dishwasher, Dryer |
| CoolingType | Heat Pump |
| ExteriorFinish | Vinyl |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Heat Pump |
| TotalFinishedArea | 5620 Sqft |
Land
| Acreage | Yes |
| Sewer | Septic System |
| SizeIrregular | 2.02 |
| SizeTotal | 2.02 Ac |
| SizeTotalText | 2.02 Ac |
https://www.realtor.ca/real-estate/27029974/3564-route-10-albrights-corner
Interested?
Contact us for more information
Waylon Egers
Salesperson
457 Bishop Drive P.o. Box 1180
Fredericton, New Brunswick E3C 2M6
Kenny Khan
Salesperson
71 Paradise Row
Saint John, New Brunswick E2K 3H6
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 23 2024 07:34:35
Saint John Real Estate Board Inc
Royal LePage Atlantic