NB
Willow Grove
E2S1M9
566 Route 111
566 Route 111, Willow Grove, NB E2S1M9
Share Listing
Listing Type
Multi Family
Listing Status
active
32
$489,900

Home Details for 566 Route 111

Price
$489,900
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1967
Lot size acres
0.63
Parking
Days on site
46
Listing #
NB126956
Property Description

Welcome to 566 Route 111, a fully rented triplex that blends modern upgrades with excellent investment potential in a serene rural setting. This property has undergone extensive renovations, ensuring both comfort and value. The top unit is a bright, completely updated 3-bedroom apartment featuring brand-new flooring, trim, fixtures, and a stylishly redesigned kitchen and bathroom. It currently rents for $1,700 per month with heat and lights included. The middle unit, which is identical in layout to the top floor, presents an exciting opportunity to update and increase its rental income, as it is currently rented at $1,250 per month, also with heat and lights included. On the lower level youll find a coin-operated laundry and a storage area, along with a beautifully renovated 1-bedroom unit boasting fresh flooring, trim, fixtures, and a modern kitchen and bath, renting for $1,300 per month with utilities included. All three units are equipped with energy efficient mini-split heat pumps for year-round comfort. The property also offers a private yard, perfect for entertaining, along with close proximity to St. Martins, SJ Airport, east Saint John, Quispamsis, and several nearby lakes, providing an ideal balance of rural charm and urban convenience. With a gross annual income of $52,000 and operating expenses of just $10,454, this property delivers a net income of $41,546, making it a lucrative investment opportunity. New Gravel in Driveway. Dont miss out. (id:31684)

Property Features
  • Heating Information
    • Baseboard
    • Heat Pump
  • Cooling Information
    • Heat Pump
Listing Courtesy: RE/MAX Professionals
Canadian Real Estate Association logoThe trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.
EXIT REALTY ASSOCIATES
260 Champlain St, Dieppe, NB E1A 1P3
Nicole LeBlanc
License #: 170377
Sales Rep.
Office
506-382-3948
Agent
506 381 2192
Request more details
Code: