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:42007)
Property Details
| MLS® Number | NB149964 |
| Property Type | Multi-family |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Basement Type | Full |
| Exterior Finish | Colour Loc |
| Fireplace Present | No |
| Flooring Type | Laminate, Wood |
| Heating Type | Other |
| Size Interior | 5400 Sqft |
| Total Finished Area | 5400 Sqft |
| Utility Water | Well |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 1721 |
| Size Total | 1721 M2 |
| Size Total Text | 1721 M2 |
https://www.realtor.ca/real-estate/30423277/213-route-124-norton
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Saint John Real Estate Board Inc
Coldwell Banker Excellence Realty
October 20 2026 04:55:43
