For Sale: 23 Centennial West, Rexton, NB

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:63626)

Listed by: Art Dadson, Salesperson, eXp Realty

Home facts and features

Price details

List Price

$950,000

Gross Taxes for 2026

$10,769

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

21780 ft²

Depth

Title

Freehold

Exterior Finish

Aluminum/Vinyl

Heating Type

Baseboard heaters, Electric

Appliances

Refrigerator, Stove

Agent details

Primary Agent

Art Dadson

Primary Broker

eXp Realty

Listing details

Days on REW

140 Days

Property Views

MLS® Number

NB134444

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

6 Schools are within 14km

Rexton Elementary School

n/a
K - 5
In Catchment

Eleanor W. Graham Middle School

n/a
6 - 8
In Catchment

Bengals II

n/a
9 - 12
In Catchment

Bonar Law Memorial School

n/a
9 - 12
In Catchment

École Soleil Levant

n/a
K - 8
In Catchment

École Mgr-Marcel-François-Richard

n/a
K - 12
In Catchment

23 Centennial WestRexton, NB, E4W 1X4