New Listing
238-254 Jacques Street, Shediac
$1,500,000 - 7,246 Sf
MLS® # NB139067
EXIT Realty Associates
404 Main Street, Shediac
$1,525,000
New Listing
0 Beds
0 Baths
6,400 Sqft
.55 Acres
Located in the heart of downtown Shediac, 404 Main Street is a well-maintained 11-unit investment property offering a rare combination of charm, character, location, and a strong rental history. The property consists of two separate buildings and presents an excellent opportunity for investors looking to add a solid income-producing property to their portfolio. The front building is a designated heritage property, full of character and charm. It features a secure entrance, inviting lobby, and four residential units, along with a convenient coin-operated laundry facility in the basement. The building is individually metered and includes two water heaters. The unfinished basement also provides additional storage space, offering practical benefits for both the property and its tenants. The second building consists of seven residential units, most of which are equipped with their own in-unit washer and dryer. The remaining two units have access to the laundry facilities located in the main building. Constructed on a slab, this building offers a variety of unit layouts to accommodate different tenant needs. The property has an excellent rental history with predominantly long-term tenants, providing stability and confidence for investors. Utilities are not included in the rents. One of the property's greatest advantages is its prime downtown Shediac location. Tenants are within walking distance of virtually everything they need, including shopping, restaurants, schools, a medical clinic, pharmacy, and other local amenities. Ample on-site parking is also available for tenants, adding to the property's convenience and rental appeal. With 11 units, two separate buildings, strong rental history, excellent tenant location, and the unique character of a designated heritage building, 404 Main Street represents a rare investment opportunity in the heart of Shediac. Call or text today for more information or to arrange a viewing. (id:6289)
Essential Information
Listing #NB147534
Price$1,525,000
Square Footage6,400
Acres0.55
TypeMulti-family
Sub-TypeFreehold
Community Information
Address404 Main Street
CityShediac
ProvinceNew Brunswick
Postal CodeE4P2G1
Interior
HeatingBaseboard heaters, Electric
Exterior
ExteriorVinyl
Lot Description2231
FoundationBlock, Concrete
Listing Details
OfficeEXIT Realty Associates
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