New ListingDiscover 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:13843)
| MLS # | NB145134 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 6 |
| Listing Provided By | Keller Williams Capital Realty | Rachel MacFarlane |
| SQ Feet | 7,000 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 8 |
| Acreage | 0.38 |
| Heating | Baseboard heaters, Electric |
|---|---|
| Appliances | Washer, Refrigerator, Stove, Dryer |
| Fireplace Yes / No | No |
| Security Features | Smoke Detectors |
|---|---|
| Lot Features | Level lot, Corner Site |
| Foundation Details | Block, Concrete |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Well |
| Tax Annual Amount | 4343 |
|---|
| Province | NB |
|---|---|
| City | Minto |
| Postal Code | E4B3M6 |
| Listing VS Median (in E4B3M6) | |
Price: $349,900 low | high Med: $349,900 sqft: 7,000 low | high Med: 7,000 $ / sqft: $50 low | high Med: $50 On site: 6 low | high Med: 6 | |
| Province | NB |
|---|---|
| City | Minto |
| Postal Code | E4B3M6 |
| Listing VS Median (in E4B3M6) | |
Price: $349,900 low | high Med: $349,900 sqft: 7,000 low | high Med: 7,000 $ / sqft: $50 low | high Med: $50 On site: 6 low | high Med: 6 | |