$489,900

Investment For Sale In Willow Grove, New Brunswick

$489,900

Property Information:

Welcome to 566 Route 111. This triplex has undergone several renovations. 3 New Heat pumps & new plumbing. The top unit features a very bright and modern unit completely renovated, all new flooring, trim, fixtures, kitchen & bath. This unit is 3 bedroom with a full bath and rents for $1575 heat & lights incl. The middle unit is an identical layout to the top floor unit but not renovated. Potential here to update and increase the rent for middle unit. Right now it rents for $1250 heat & lights incl. The lower level features the coin operated laundry, and a storage area. Off the storage area is a newly renovated 1 bedroom unit with all new flooring, trim, fixtures, kitchen and bath as well. It rents for $1250 heat & lights incl. All 3 units have a mini split heat pump. Nice private yard for entertaining. Living in a rural setting yet close to East Saint John, Quispamsis as well as close to first, second and third lake. Good numbers with this property. Gross yearly income of $49,900 with only $10,230 in expenses leaving a net income of $39,670. Call today! (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Air Conditioning: Yes
  • Exterior Finish: Vinyl
  • Flooring Type: Ceramic, Laminate, Vinyl
  • Foundation Type: Concrete
  • Total Finished Area: 2300 sqft
  • Heating Type: Baseboard heaters, Heat Pump
  • Cooling Type: Heat Pump
  • Appliances: Refrigerator, Microwave, Stove, Washer, Dryer

Property Features:

  • Property Type: Multi-family
  • Access Type: Year-round access
  • Built in: 1967
  • Features:
  • Landscape Features: Landscaped
  • Structure Type: Shed
  • Sewer: Septic System

Courtesy of: RE/MAX PROFESSIONALS

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.