For Sale: 1321 Principale, Bathurst, NB

About this home

RARE INVESTMENT & DEVELOPMENT OPPORTUNITY IN Beresford! Exceptional income-producing property offering immediate cash flow and outstanding future development potential. Situated on approximately 150 acres, this unique property includes four townhouse-style rental units built in 2023 and a detached home built in 2025, all in like-new condition. Each rental unit offers 2 bedrooms, slab-on-grade construction (no basement), a mini-split heat pump, air exchanger, all kitchen appliances, and an attached garage. One premium unit features a larger double-door garage and rents for $2,000/month, while the remaining three units rent for $1,650/month. Tenants pay their own electricity. The detached home is currently owner occupied and has an estimated rental potential of approximately $3,000/month. The property is serviced by one private well and three private septic systems (one for the detached home and two for the townhouse complex). Quality construction and paved driveways make this a turnkey investment. Included in the sale is one of Beresfords largest land parcels. A small stream with natural cascades runs through portions of the property, adding beautiful recreational appeal. A raw (unpaved) road currently being completed by the owner will connect to Kent Lodge Road, where 4 lots are in the process of being subdivided (3 lots of approx. 3 acres and 1 lot of approx. 4 acres). Excellent potential for future residential development, additional lot subdivision, glamping, RV sites, recreational use, or other projects, subject to buyer verification and approvals. 24 hours notice required for all showings due to tenants. (id:63626)

Listed by: Stephanie Arseneau, Salesperson, eXp Realty

Home facts and features

Price details

List Price

$2,600,000

Gross Taxes for 2026

$20,975

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

151.99 acres

Depth

Title

Freehold

Exterior Finish

Cedar shingles, Vinyl

Heating Type

Heat Pump, Baseboard heaters, Electric

Cooling

Air exchanger, Heat Pump

Appliances

Dishwasher, Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Stephanie Arseneau

Primary Broker

eXp Realty

Listing details

Days on REW

1 Day

MLS® Number

NB141663

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

8 Schools are within 5km

École Cité De l'Amitié

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K - 5

Parkwood Heights Elementary School

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K - 5

Centre K.C. Irving (École Secondaire Népisiguit)

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10 - 12

École Secondaire Népisiguit

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9 - 12

Programme Essentiel (École Secondaire Népisiguit)

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8 - 12

Place-Des-Jeunes

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6 - 8

Carrefour Étudiant

n/a
K - 8

Superior Middle School

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6 - 8

1321 PrincipaleBathurst, NB, E8K 1A1