$759,000

3564 Route 10
Out Of Board, New Brunswick E4b1a3
MLS® Number: NB075434

Welcome to 3564 Route 10! This 9-unit investment building has had many extensive renovations and offers 2-1bdrm units and 7-2bdrm units. Located approximately 20 minutes from Fredericton and has solid numbers, low expenses and shows very well. Rents are: 3 @ $750, 2 @ $850, 3 @ $900 and 1 @ $950. Total rental income- $91,200. The building has 3-phase electrical and only 1-meter. All rents included heat/lights. Approx. expenses are: Insurance $2400, snow removal $750, taxes $2480 and electricity $16,000. Approx. total expenses - $21,630. Approx. net income $69,750. This is a great opportunity and is well worth a look! (id:34572)


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Property Summary

  • Bedrooms N/A
  • Bathrooms N/A
  • Architectural Style N/A
  • Property Type Multi-family
  • Square Footage N/A
  • Total Finished Area 8800 sqft
  • Built In 1982
  • Exterior Finish Vinyl
  • Heating Electric Baseboard heaters, Heat Pump
  • Title N/A
  • Rental Equipment None
  • Basement Type N/A
  • Parking Type Garage
  • Features N/A
  • Flooring N/A
  • Type N/A

Land Properties

  • Lot Size 88028 sqft
  • Access Type Year-round access
  • Water Well
  • Features Landscaped
  • Sewer Septic System

Property Map