Baxter St

0 Bedroom Real Estate has been listed for sale at 17 Baxter St in Norton for $359,900. Chat with a local expert, book a tour.

Norton

17 Baxter St

17 Baxter St, For Sale in Norton - eXp Commercial Brokerage

Fully tenanted four-unit multi-family property located in the heart of Norton, NB. Each unit offers two bedrooms and one bathroom, with Unit 4 featuring an additional den. All units are equipped with in-suite laundry. Current rental income is as follows: Unit 1 $725/month, Unit 2 $750/month, Unit 3 $950/month, and Unit 4 $1, 100/month, with heat and lights included only in Unit 4 (approx $150/month). The property sits on a 1.38-acre lot across four PIDs, providing ample parking and outdoor space. Annual expenses include approximately $2, 858 in property taxes, $1, 000 for municipal sewage, $2, 500 for insurance, $200$400 for snow removal, and around $500 for lawn care. Minimum 24 hours notice required for all showings. (id:58753)

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)

17 Baxter St, Norton, NB

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