404 Main Street, Shediac

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:6289)

Essential Information

Listing #NB135779

Price$1,600,000

Bathrooms0.00

Square Footage6,400

Acres0.55

TypeMulti-family

Sub-TypeFreehold

Community Information

Address404 Main Street

CityShediac

ProvinceNew Brunswick

Postal CodeE4P2G1

Interior

HeatingElectric Baseboard heaters

Exterior

ExteriorVinyl

FoundationBlock, Concrete

Listing Details

OfficeEXIT Realty Associates

Properties for Sale Similar to 404 Main Street, Shediac, New Brunswick

New Listing

238-254 Jacques Street, Shediac

$1,500,000 - 7,246 Sf

MLS® # NB139067

EXIT Realty Associates