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$ 399,000
Est. payment | /mo
3,006 Sqft Lot
$ 399,000
Est. payment | /mo
3,006 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB124729
Year Built 1955
Lot Size 3,006 Sqft
Acres 3006.0
Property Sub-Type Freehold
Source New Brunswick Real Estate Board
Property Description
For more information, please click Multimedia button. Welcome to 306 Main Street! This spacious 4-unit building is an excellent investment opportunity, whether youre expanding your portfolio or entering the rental market for the first time. Featuring electric baseboard heating and a generous backyard, the property enjoys a prime location close to a variety of amenities and benefits from low vacancy rates. The building offers a diverse mix of units: one 1-bedroom, one 2-bedroom, one 3-bedroom, and one 4-bedroom each with a full bathroom. Total rental income currently stands at $56,880 annually, with expenses kept on the lower side, making this a solid, income-producing property. Significant updates have been made over the years, including a new roof installed in 2022 and comprehensive interior and exterior renovations completed in 2025. Rents are currently below market value, providing great potential for future income growth. Dont miss out on this rare chance to own a well-maintained, dependable multi-family property in a sought-after neighborhood. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Heat Pump, Hot Water,
Cooling Heat Pump
Flooring Carpeted, Laminate
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Easy List Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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