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$225,000
Bathurst
Bathurst, New Brunswick, E2A1J8
This multi-family property in Bathurst is for sale offering roughly 1,924 sq ft of space.
Income Property Opportunity Priced Below Market Value Excellent opportunity for investors, first-time buyers, or anyone looking to live in one unit while renting the other to help offset the mortgage. This property offers strong rental potential, separate entrances, and separate power meters, making it a practical and efficient income-producing option. The main floor features a cozy kitchen, spacious living room, 2 bedrooms, mini split, full bathroom, and a dedicated laundry room with upper cabinetry. The upper level offers a second kitchen, large living room, 1 bedroom, mini split, office space which tenant use as second bedroom, and a newly renovated bathroom. Additional value-add opportunities include the possibility of finishing the basement for extra usable space, or exploring the potential to convert the garage area into additional income-producing space, subject to required approvals. With a large paved driveway, backyard, garage, and some PVC windows, this property offers both functionality and upside. Being sold under market value, this property gives the next buyer a strong opportunity to force appreciation through improvements, added rental income, or future repositioning. Conveniently located close to walking trails, schools, shopping, and everyday amenities. Whether you are looking to grow your portfolio or reduce your cost of living by owning instead of renting, this property deserves a serious look. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 146 days on market, against an average age of 110 days across the listings currently for sale in this city
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Loading rates, 30-yr amortization
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