For Sale: 213 124 Route, Norton, NB - REW
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$850,000
0 bd • ba • 5400 sf • Multifamily
213 124 Route
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$850,000

213 Route 124Norton, NB, E5T 1B7

  • 0 Bed
  • Bath
  • 5400 Sqft
  • Multifamily

About this home

Here is a great investment opportunity with 7 apartment units fully occupied. They consist of 1 one bedroom apt. and 6 two Bedroom apartments. There is also a 106x26 commercial building currently rented by a family member. It is heated with a ducted heat pump and has a separate meter. The basement is heated by heat pump. The apartments are well maintained an most have washer an dryer hook up and are heated with heated electric baseboard heaters. Each unit is on a separate meter. There is a very large gravel parking lot. The owner has had the property for about 40 years and it shows pride of ownership.The rents are below market so there is an opertunity to grow the revenue. The commercial building could easily be converted to storage. What an amazing opportunity for the right investor! (id:63626)
Listed by: Ron Black, Salesperson, Coldwell Banker Excellence Realty

Home facts and features

Price details
List Price
$850,000
Gross Taxes for 2026
$7,016
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
1721 ft²
Depth
Title
Freehold
Exterior Finish
Colour Loc
Heating Type
Other
Basement Details
Full
Agent details
Primary Agent
Ron Black
Primary Broker
Coldwell Banker Excellence Realty
Secondary Agent
Carly O'Toole
Secondary Broker
Coldwell Banker Excellence Realty
Listing details
Days on REW
1 Day
MLS® Number
NB149964
Source
Canadian Real Estate Association
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25 Years
Interest Rate
3.99%

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Property Insights

Norton Elementary School
  • n/a
  • K - 5
  • In Catchment
Sussex Christian School
  • n/a
  • K - 12
  • In Catchment
Sussex Elementary School
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  • K - 5
  • In Catchment
Sussex Corner Elementary School
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  • K - 5
  • In Catchment
Sussex Regional High School
  • n/a
  • 9 - 12
  • In Catchment
Sussex Middle School
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  • 6 - 8
  • In Catchment
Partners In Alternative Learning Strategies (Sussex)
  • n/a
  • 9 - 12
  • In Catchment
Kennebecasis Valley High School
  • n/a
  • 9 - 12
  • In Catchment
École Des Pionniers
  • n/a
  • K - 5
  • In Catchment
Quispamsis Middle School
  • n/a
  • 6 - 8
  • In Catchment
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Call Agent
Salesperson
Ron Black
Phone:
(506) 434-4686
Office:
506-886-1707
Salesperson
Carly O'Toole
Phone:
(506) 898-1241
Office:
506-886-1707
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