Prime Investment Opportunity in Millville, NB Seize this rare opportunity to own a well-maintained, income-generating property in the heart of picturesque Millville, New Brunswick. This multi-unit building offers a stable revenue stream with an established Canada Post office as a long-term commercial tenant with a newly renewed 5 yrs lease. All apt units have 2 bedrooms, lg living rooms, full bath, abundance of natural light. All units have been occupied by long term tenants over 5 yrs. Units have their own washer/dryers, heat pumps. Very clean building, a pleasure to view. Ideally situated just 10 minutes from Nackawic, AV Nackawic Mill and Crabbe Mountain, this property blends small-town charm with excellent access to key amenities and recreation. Value-Added Lower-level garage space with 10 ft ceiling, offers a potential for conversion into storage units or two additional rental units, providing another income stream. Upgraded heating & cooling Eight new ductless heat pumps to ensure efficient year-round comfort for all units, including the lower-level storage/garage space and Canada Post Office. Steady rental income with reliable long term tenants in place. The oil heat is not used as seller installed 8 new heat pumps in building. This is an exceptional investment for those looking to expand their real estate portfolio with a turnkey, revenue-generating property in a growing community. Dont miss out Schedule a viewing to see for yourself! (id:55272)
MLS® Number | NB113492 |
Property Type | Multi-family |
EquipmentType | Water Heater |
RentalEquipmentType | Water Heater |
Appliances | Refrigerator, Stove |
BasementDevelopment | Unfinished |
BasementType | Full (unfinished) |
CoolingType | Heat Pump |
ExteriorFinish | Vinyl |
FireProtection | Smoke Detectors |
FlooringType | Carpeted, Laminate, Vinyl |
FoundationType | Concrete |
HeatingFuel | Electric |
HeatingType | Heat Pump |
StoriesTotal | 3 |
TotalFinishedArea | 9000 Sqft |
Type | Fourplex |
UtilityWater | Drilled Well, Well |
AccessType | Year-round Access |
Acreage | No |
Sewer | Septic System |
SizeIrregular | 1904 |
SizeTotal | 1904 M2 |
SizeTotalText | 1904 M2 |
https://www.realtor.ca/real-estate/27982609/3906-route-104-millville
Contact us for more information
Karla Russell
Salesperson