404 Main Street Shediac, New Brunswick E4P 2G1

$1,600,000

Located in the heart of downtown Shediac, this well-maintained 11-unit investment property offers a rare combination of charm, character, and strong rental history. The property consists of two separate buildings. The front building is a designated heritage property full of character, featuring a secure entrance, an inviting lobby, and four residential units with a coin-operated laundry facility in the basement. The building is individually metered and includes two water heaters in the unfinished basement, which also provides additional storage space. The second building includes seven units, most of which are equipped with in-unit washer and dryer. The remaining two units have access to the laundry facilities in the main building. Constructed on a slab, this building offers a variety of unit layouts to suit different tenant needs. This property boasts an excellent rental history with predominantly long-term tenants. Ideally situated within walking distance to all amenities including shopping, restaurants, schools, a medical clinic, and a pharmacy; it offers convenience and lifestyle appeal. Ample on-site parking is available for tenants. Utilities are not included. This is a unique investment opportunity featuring strong income potential and undeniable charm. Don't wait, call or text for more information. (id:27750)

Property Details

MLS® Number	NB135779
Property Type	Multi-family
Equipment Type	Water Heater
Rental Equipment Type	Water Heater

Building

Exterior Finish	Vinyl
Flooring Type	Ceramic, Laminate
Foundation Type	Block, Concrete
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Size Interior	6,400 Ft2
Total Finished Area	6400 Sqft
Utility Water	Municipal Water

Land

Access Type	Year-round Access, Public Road
Acreage	No
Sewer	Municipal Sewage System
Size Irregular	2231
Size Total	2231 M2
Size Total Text	2231 M2

https://www.realtor.ca/real-estate/29515546/404-main-street-shediac