This meticulously maintained 11-unit multifamily property is perfectly situated in a thriving neighborhood, offering a unique blend of consistent cash flow and strong potential for future appreciation. Located in Edmundston, the property benefits from proximity to the hospital,public schools, shopping, parks, etc. Each unit is thoughtfully designed and maintained to a high standard, ensuring tenant satisfaction and minimizing vacancy rates. The local rental market boasts high demand and stable rental rates, making this an attractive investment. With a history of consistent occupancy and reliable cash flow, this well-established multifamily property presents a prime opportunity in a prime location with significant upside potential. Contact your preferred REALTOR® today to schedule a viewing and learn more about this exceptional investment. (id:4069)
Address
20 Bateman Avenue
List Price
$1,475,000
Property Type
Multi-family
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Edmundston
Floor Area
12,500 Sq. Ft.
Lot Size
0.91 Sq. Ft.
Year Built
1985
MLS® Number
NB137557
Listing Brokerage
Keller Williams Capital Realty
Postal Code
E3V4A9
Zoning
Residential
Ownership
Freehold
Heat Source
Electric
Heat Type
Baseboard heaters
Foundation Details
Concrete
Number Of Floors In Building
2
Water Source
Municipal water
Access To Property
Year-round access, Public Road
Sewer
Municipal sewage system
