23 Centennial West

About this home

Well-maintained 9-unit apartment building with Creative Financing options and with an excellent rental history located in the heart of Rexton. This property features nine 1-bedroom units, each with its own laundry hookups separate meters and functional layouts that appeal to long-term tenants. The building also includes a large garage that could be purchased separately and ample on-site parking for tenants and guests. Several units are larger than typical 1-bedroom layouts, presenting potential for reconfiguration or the addition of extra units, offering investors a clear opportunity to increase rental income and force appreciation (subject to approvals). Located on Centennial West Avenue, the property is within walking distance to the elementary school, shops, and restaurants, and only 34 km from the Town of Richibucto and approximately 50 minutes to Moncton. This property offers stable income today with strong upside potential. The seller is open to discussing creative financing options, making this an attractive opportunity for investors looking to expand their portfolio with flexible acquisition possibilities. (id:66966)

Details

Type

Multi-family

Size

5836 sq ft

Property tax

$10,769

Municipality

Rexton

Interior

Fireplace

No

Appliances

Refrigerator, Stove

Flooring

Vinyl

Heating, cooling and services

Heating

Baseboard heaters, Electric

Water and sewer

Municipal sewage system

Building and exterior

Foundation

Concrete

Outdoor

Aluminum/Vinyl

Location

Location is approximate. See nearby homes on the map