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3564 Route 10 Out Of Board, New Brunswick E4B 1A3

Heat Pump Baseboard Heaters, Heat Pump Acreage Landscaped

$759,000

Welcome to 3564 Route 10! This 9-unit investment building has had many extensive renovations and offers 2-1bdrm units and 7-2bdrm units. Located approximately 20 minutes from Fredericton and has solid numbers, low expenses and shows very well. Rents are: 2 @ $600, 1 @ $700, 1 @ $850 and 4 @ $900 and 1 @ $950. Total rental income- $87,600. The building has 3-phase electrical and only 1-meter. All rents include heat/lights. Approx. expenses are: Insurance $2400, snow removal $750, taxes $2480 and electricity $11,000. Approx. total expenses - $16,630. Approx. net income $70,970. This is a great opportunity and is well worth a look! (id:35613)

Property Details

MLS® Number NB075434
Property Type Multi-family
Equipment Type None
Features Level Lot
Rental Equipment Type None

Building

Appliances Refrigerator, Stove, Washer, Dryer
Constructed Date 1982
Cooling Type Heat Pump
Exterior Finish Vinyl
Foundation Type Concrete, Concrete Slab
Heating Fuel Electric
Heating Type Baseboard Heaters, Heat Pump
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Total Finished Area 8800 Sqft
Utility Water Well

Land

Access Type Year-round Access
Acreage Yes
Landscape Features Landscaped
Sewer Septic System
Size Irregular 88028
Size Total 88028 Sqft
Size Total Text 88028 Sqft

https://www.realtor.ca/real-estate/24641199/3564-route-10-out-of-board