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$ 234,900
Est. payment | /mo
3,702 Sqft Lot
$ 234,900
Est. payment | /mo
3,702 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB117512
Year Built 1930
Lot Size 3,702 Sqft
Acres 0.08500425
Source New Brunswick Real Estate Board
Property Description
Well-located duplex in the heart of Downtown Bathurst offering strong investment potential. The property features two spacious units with separate entrances and power meters. The upper unit is currently vacant and offers three bedrooms with potential rental income of $1,500/month, while the main floor unit is a two-bedroom currently rented at $800/month. Each unit has its own laundry hookups and benefits from a functional layout that appeals to long-term tenants. Situated within walking distance to shopping, restaurants, and schools, this centrally located property is attractive to renters. The lot is landscaped and includes parking for multiple vehicles. Utility responsibilities are split, with tenants covering their own electricity and the landlord covering water, lawn care, and snow removal. The building was appraised at $264,500 in December 2024 and is priced to sell at $234,900, offering immediate equity. Construction is wood frame with vinyl siding and asphalt shingles. Heating is electric baseboard and both units are on separate meters, providing straightforward management for the investor. This is a turn-key opportunity in a high-demand rental area. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Listed by Keller Williams Capital Realty
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620 2nd Street SE, Medicine Hat, AB
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