$400,000

For sale

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Address not available, Caraquet - Multi-family for Sale

Caraquet, New Brunswick, E1W1A1

3,128 ft²17,760 sq ft (0.40 ac) lot sizeListed 131 days ago

Overview

Caraquet, New Brunswick, E1W1B1

2,610 ft²Lot size 36,590 sq ft (0.84 ac)

Listed by Royal LePage Parkwood Realty

Investment analysis

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$400,000

Caraquet

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Description

Discover this excellent investment opportunity! This 5-unit income property features one bachelor unit, three one-bedroom units, and one two-bedroom unit, offering a great mix of rental options. Located approximately 8 minutes from Caraquet, it enjoys a convenient location close to local amenities. Whether you're an experienced investor or looking to purchase your first income property, this is an opportunity you won't want to miss. (id:66096)

Property Details

MLS®: NB142696
Property Type: Multi-family
Interior Size: 3,128 ft²
Lot Size: 17,760 sq ft (0.40 ac)
Units: 5
Year Built: 1896
Basement: None
Heating: Heat Pump, Baseboard heaters, Electric
Cooling: Heat Pump
Ownership: Freehold
Property Tax: $3,217.58/yr
Listed: 131 days ago

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Flooring: Laminate, Linoleum
Foundation: Block, Concrete
Exterior: Vinyl
Lot Features: Level lot, Corner Site

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

$400,000· $128/ft²

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Full Cost Breakdown

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Down Payment5% · $20,000

Min 5%50%

Mortgage payment$2,107/mo

↳ CMHC premium ($15,200 capitalized)

Property tax (est.)$268/mo

Total monthly$2,375

Cash Needed to Close

Down payment (5%)$20,000

Land transfer tax$6,000

Est. closing costs$3,700

Total cash needed$29,700

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Address not available, Caraquet - Multi-family for Sale

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