$950,000
FOR SALE

Multiplex

23 Centennial West
Rexton, NB E4W 1X4

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:47421)
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Listed By eXp Realty
Data Provided By New Brunswick REALTORS®
MLS® Listing Number NB134444
Last Updated Mar 09, 2026
Property Summary
Property Type Multiplex

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Price History

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Detailed Information
Location Description Take Exit 53 to Rexton, Centennial West is on your left hand side just after the firehall
Municipal ID 25140641
Ownership Type Freehold
Property Type Multi-family
Transaction Type For sale
Building
Appliances Refrigerator, Stove
Exterior Finish Aluminum/Vinyl
Flooring Type Vinyl
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard heaters
Total Finished Area 5836 sqft
Utility Water Drilled Well
Land
Total Size 0.5 acres
Sewer Municipal sewage system
Size of Irregular Land 0.5

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