For Sale: 894 Principale Street, Beresford, NB - REW
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$750,000
0 bd • ba • 3600 sf • Multifamily
894 Principale Street
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$750,000

894 Principale StreetBeresford, NB, E8K 2G8

  • 0 Bed
  • Bath
  • 3600 Sqft
  • Multifamily

About this home

Turnkey investment opportunity positioned directly on Main Street with excellent visibility and tenant appeal. This well-configured 7-unit building includes 2 one-bedroom units, 4 two-bedroom units, and 1 bachelor unit, offering a diversified rental mix that supports stable occupancy and consistent income. Ownership has already completed a major value add: all electrical meters and hot water tank rentals are separated and paid by tenants, significantly reducing operating expenses and improving net returns. 100 AMP panels added to each unit giving you the ability to add even more value by adding heat pumps in each unit as a part of your future upgrades. An additional garage rental provides supplementary monthly income. Location drives demand just minutes from downtown Bathurst and close to shopping, services, schools, and daily amenities, making this a practical choice for long-term tenants. Low management intensity, improved expense structure, and multiple income streams make this a solid addition to any portfolio. (id:63626)
Listed by: Art Dadson, Salesperson, eXp Realty

Home facts and features

Price details
List Price
$750,000
Gross Taxes for 2026
$13,100
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
10000 ft²
Depth
Year Built
Built in 1991 (35 yrs old)
Title
Freehold
Exterior Finish
Vinyl
Heating Type
Baseboard heaters, Electric
Appliances
Refrigerator, Stove
Agent details
Primary Agent
Art Dadson
Primary Broker
eXp Realty
Listing details
Days on REW
118 Days
Property Views
30
MLS® Number
NB133320
Source
Canadian Real Estate Association
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

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  • K - 8
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Salesperson
Art Dadson
Phone:
(506) 871-2290
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