Located in the heart of downtown Shediac, this well-maintained 11-unit investment property offers a rare combination of charm, character, and strong rental history. The property consists of two separate buildings. The front building is a designated heritage property full of character, featuring a secure entrance, an inviting lobby, and four residential units with a coin-operated laundry facility in the basement. The building is individually metered and includes two water heaters in the unfinished basement, which also provides additional storage space. The second building includes seven units, most of which are equipped with in-unit washer and dryer. The remaining two units have access to the laundry facilities in the main building. Constructed on a slab, this building offers a variety of unit layouts to suit different tenant needs. This property boasts an excellent rental history with predominantly long-term tenants. Ideally situated within walking distance to all amenities including shopping, restaurants, schools, a medical clinic, and a pharmacy; it offers convenience and lifestyle appeal. Ample on-site parking is available for tenants. Utilities are not included. This is a unique investment opportunity featuring strong income potential and undeniable charm. Don't wait, call or text for more information. (id:4069)
Address
404 Main Street
List Price
$1,600,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Shediac
Floor Area
6,400 Sq. Ft.
Lot Size
2231 Sq M.
MLS® Number
NB135779
Listing Brokerage
EXIT Realty Associates
Postal Code
E4P2G1
