Discover this 8-unit apartment building located in the heart of the Village of Mintojust a short walk to all local amenities and only 40 minutes from Fredericton. With strong rental demand and low vacancy rates in the area, this property offers solid cash flow and future growth potential. The building features a mix of unit updates, including 4 fully renovated apartments and 2 more that have seen partial upgrades. All units are currently tenanted, and each tenant is on a separate meter, paying their own hydrokeeping operating costs low for the owner. A standout feature is the potential to easily add a 9th unit, allowing for increased rental income with minimal investment. Whether you're a seasoned investor or looking to expand your portfolio, this property offers a turnkey opportunity in a thriving rental market. (id:47421)
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Detailed Information
Features
Level lot, Corner Site
Location Description
Take Highway 10 to Minto, on to Main Street.
Municipal ID
60201324
Ownership Type
Freehold
Property Type
Multi-family
Transaction Type
For sale
Building
Appliances
Refrigerator, Stove, Washer, Dryer
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Exterior Finish
Vinyl
Fire Protection
Smoke Detectors
Flooring Type
Laminate, Vinyl
Foundation Type
Block, Concrete
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
2
Total Finished Area
7000 sqft
Utility Water
Well
Land
Total Size
1530 square meters
Access Type
Year-round access, Public Road
Landscape Features
Landscaped
Sewer
Municipal sewage system
Size of Irregular Land
1530
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