3564 Route 10 , Out of Board New Brunswick E4B1A3

Sale $759,000  | 
Listing # NB075434
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Office Listing:

Tim Somerville, Sales Associate  |  Michael Dempsey, Sales Representative

Mario Durette

Mario Durette

Real Estate Representative

Phone: 506.458.9999
Fax: 506.452.8953
Mobile: 506.451.5397

mariodurette@royallepage.ca
Www.MarioDurette.com

Royal LePage Atlantic, Brokerage (Independently owned and operated)

Brokerage

457 BISHOP DR
FREDERICTON,  NB E3C2M6

Remarks:

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: 3 @ $600, 4 @ $900, 1 @ $850 and 1 @ $950. Total rental income- $91,200. The building has 3-phase electrical and only 1-meter. All rents included heat/lights. Approx. expenses are: Insurance $2400, snow removal $750, taxes $2480 and electricity $16,000. Approx. total expenses - $21,630. Approx. net income $69,750. This is a great opportunity and is well worth a look! (id:27)

Investment

Lot Size: 88028 Square Feet
Total Finished Area: 8800 sqft
Acreage: Yes
Built in: 1982

Property Features:

Access Type: Year-round access
Equipment Type: None
Features: Level lot
Landscape Features: Landscaped
Ownership Type: Freehold
Property Type: Multi-family
Rental Equipment Type: None
Sewer: Septic System

Building Features:

Appliances: Refrigerator , Stove , Washer , Dryer
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