Property Details

3564 Route 10

3564 Route 10 (ID NB075434)
Listing Representative
Tim Somerville portrait
Tim Somerville
Sales Representative
Royal LePage Atlantic Brokerage - Rothesay
Cell: 506-333-6331
Tel: 506-693-6331

$759,000 - For Sale

ID#:NB075434

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!

Property Details
  • Property Address:3564 Route 10
  • Property Type:Multi Family
  • Taxes:$2,480 (2022)
Structure Details for 3564 Route 10
  • Structure Type:9 - 12 Units
  • Floor Space:8800 SqFt
  • Exterior Type:Vinyl Siding
Listing Representative for 3564 Route 10
Tim Somerville portrait
Tim Somerville
Sales Representative
Royal LePage Atlantic Brokerage - Rothesay
Cell: 506-333-6331
Tel: 506-693-6331
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3564 Route 10

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