213 Route 124 Norton, New Brunswick E5T 1B7
$850,000
Here is a great investment opportunity with 7 apartment units fully occupied. They consist of 1 one bedroom apt. and 6 two Bedroom apartments. There is also a 106x26 commercial building currently rented by a family member. It is heated with a ducted heat pump and has a separate meter. The basement is heated by heat pump. The apartments are well maintained an most have washer an dryer hook up and are heated with heated electric baseboard heaters. Each unit is on a separate meter. There is a very large gravel parking lot. The owner has had the property for about 40 years and it shows pride of ownership.The rents are below market so there is an opertunity to grow the revenue. The commercial building could easily be converted to storage. What an amazing opportunity for the right investor! (id:55272)
Property Details
| MLS® Number | NB149964 |
| Property Type | Multi-family |
| EquipmentType | None |
| RentalEquipmentType | None |
Building
| BasementType | Full |
| ExteriorFinish | Colour Loc |
| FlooringType | Laminate, Wood |
| HeatingType | Other |
| SizeInterior | 5400 Sqft |
| TotalFinishedArea | 5400 Sqft |
| UtilityWater | Well |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 1721 |
| SizeTotal | 1721 M2 |
| SizeTotalText | 1721 M2 |
https://www.realtor.ca/real-estate/30423277/213-route-124-norton
Interested?
Contact us for more information
Ron Black
Salesperson
2 Pickett Lane
Rothesay, New Brunswick E2E 2C9
Carly O'toole
Salesperson
2 Pickett Lane
Rothesay, New Brunswick E2E 2C9
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October 20 2026 04:55:43
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