For Sale: 404 Main Street, Shediac, NB

About this home

Located in the heart of downtown Shediac, this well-maintained 11-unit investment property offers a rare combination of charm, character, and strong rental history. The property consists of two separate buildings. The front building is a designated heritage property full of character, featuring a secure entrance, an inviting lobby, and four residential units with a coin-operated laundry facility in the basement. The building is individually metered and includes two water heaters in the unfinished basement, which also provides additional storage space. The second building includes seven units, most of which are equipped with in-unit washer and dryer. The remaining two units have access to the laundry facilities in the main building. Constructed on a slab, this building offers a variety of unit layouts to suit different tenant needs. This property boasts an excellent rental history with predominantly long-term tenants. Ideally situated within walking distance to all amenities including shopping, restaurants, schools, a medical clinic, and a pharmacy; it offers convenience and lifestyle appeal. Ample on-site parking is available for tenants. Utilities are not included. This is a unique investment opportunity featuring strong income potential and undeniable charm. Don't wait, call or text for more information. (id:63626)

Listed by: Pierre Basque, Salesperson, EXIT Realty Associates

Home facts and features

Price details

List Price

$1,600,000

Gross Taxes for 2026

$13,895

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

24014 ft²

Depth

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Baseboard heaters, Electric

Agent details

Primary Agent

Pierre Basque

Primary Broker

EXIT Realty Associates

Listing details

Days on REW

74 Days

Property Views

MLS® Number

NB135779

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

2 Schools are within 0km

École Mgr-François-Bourgeois

n/a
K - 8
In Catchment

Polyvalente Louis-J.-Robichaud

n/a
9 - 12
In Catchment

404 Main StreetShediac, NB, E4P 2G1