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$374,800
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17 Baxter St, Norton, NB

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes $2,858
Days Active 116
Lot Size 
Approx. Age 
MLS® Number NB112813

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to own a fully occupied four-unit multi-family property in the heart of Norton, NB! With very few multi-family properties that come available in the area, this is a solid investment with excellent income potential. Each of the spacious units offers 2 bedrooms and 1 bath, with Unit 4 featuring an additional den. Rental income breakdown as follows: Unit 1 $725/month; 2 $750/month; 3 $950/month; 4 $1100/month (Only Unit 4 utilities included). Each unit is equipped a washer and dryer, though in one unit, the tenant owns the washer and dryer, and in another, the tenant owns the dryer. Water is supplied by two drilled wells and features a reverse osmosis water treatment system, the property is connected to municipal sewage. Sitting on a large 1.38-acre lot spanning four PIDs, the property offers ample parking and plenty of outdoor space, a rare find for a multi-unit building. This is a great opportunity for investors looking for a turnkey rental property with room to enhance value through unit improvements and rent adjustments. Its also an excellent option for a buyer looking to offset their living expenses by residing in one unit while generating income from the others. Dont miss outschedule a viewing today! Annual Expenses: taxes 2858, municipal sewage $1000, insurance $2500. 24 hour notice required for all showings. (id:58753)Show Description
MLS® NumberNB112813
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementCrawl space
Driveway
Garage Spaces
HeatBaseboard heaters
A/C
Heating Fuel

Extras

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