Discover this 8-unit apartment building located in the heart of the Village of Mintojust a short walk to all local amenities and only 40 minutes from Fredericton. With strong rental demand and low vacancy rates in the area, this property offers solid cash flow and future growth potential. The building features a mix of unit updates, including 4 fully renovated apartments and 2 more that have seen partial upgrades. All units are currently tenanted, and each tenant is on a separate meter, paying their own hydrokeeping operating costs low for the owner. A standout feature is the potential to easily add a 9th unit, allowing for increased rental income with minimal investment. Whether you're a seasoned investor or looking to expand your portfolio, this property offers a turnkey opportunity in a thriving rental market. (id:19018)
MLS® Number | NB122696 |
Property Type | Multi-family |
Features | Level Lot, Corner Site |
Appliances | Refrigerator, Stove, Washer, Dryer |
Basement Development | Unfinished |
Basement Type | Full (unfinished) |
Exterior Finish | Vinyl |
Fire Protection | Smoke Detectors |
Flooring Type | Laminate, Vinyl |
Foundation Type | Block, Concrete |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Total Finished Area | 7000 Sqft |
Utility Water | Well |
Access Type | Year-round Access |
Acreage | No |
Landscape Features | Landscaped |
Sewer | Municipal Sewage System |
Size Irregular | 1530 |
Size Total | 1530 M2 |
Size Total Text | 1530 M2 |
https://www.realtor.ca/real-estate/28588135/170-main-street-minto
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