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7093 8 Route New Bandon, New Brunswick E9C 2B7

Baseboard Heaters Acreage Landscaped

$279,900

Rare 7 Unit apartment building in New Bandon known as Price Hill Estates. Only 22 years old, this building is very clean and extremely well managed. There are three 2 bedroom apartments, three 1 bedroom apartments and one bachelor. This is a secured building. There is a laundry room with a washer and dryer. The washer is coin-operated for extra revenues. Nestled in the woods off Route 8, this property is quiet and perfectly located in between Boiestown and Doaktown; just minutes from the Central New Brunswick Academy middle and high schools and only 70 km from Fredericton. The property consists of 2 PIDs (40436768 and 40080764) for a total of 16.6 acres. In the Fall, after leaves have fallen, there is a wonderful view of the Miramichi River. Tenants pay their own utilities except for the bachelor. New $27,485 roof professionally installed in the Fall of 2019. Full occupancy with a waiting list. $37,000 gross revenues. Some very long term tenants are in place. The Seller is a licensed Realtor in the province of NB. (id:38543)

Property Details

MLS® Number NB045854
Property Type Multi-family
Equipment Type Water Heater
Rental Equipment Type Water Heater
Structure Shed

Building

Appliances Washer, Dryer
Constructed Date 1998
Exterior Finish Vinyl
Fire Protection Smoke Detectors, Alarm System
Fireplace Present No
Flooring Type Carpeted, Laminate
Foundation Type Concrete Slab
Heating Fuel Electric
Heating Type Baseboard Heaters
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 1
Total Finished Area 5400 Sqft
Utility Water Well

Land

Acreage Yes
Landscape Features Landscaped
Sewer Septic System
Size Irregular 16.6 Acres
Size Total Text 16.6 Acres|10 - 49.99 Acres

https://www.realtor.ca/real-estate/22105937/7093-8-route-new-bandon

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