Property Description for 3906 Route 104
Prime Investment Opportunity in Millville, NB Seize this rare opportunity to own a well-maintained, income-generating property in the heart of picturesque Millville, New Brunswick. This multi-unit building offers a stable revenue stream with an established Canada Post office as a long-term commercial tenant with a newly renewed 5 yrs lease. All apt units have 2 bedrooms, lg living rooms, full bath, abundance of natural light. All units have been occupied by long term tenants over 5 yrs. Units have their own washer/dryers, heat pumps. Very clean building, a pleasure to view. Ideally situated just 10 minutes from Nackawic, AV Nackawic Mill and Crabbe Mountain, this property blends small-town charm with excellent access to key amenities and recreation. Value-Added Lower-level garage space with 10 ft ceiling, offers a potential for conversion into storage units or two additional rental units, providing another income stream. Upgraded heating & cooling Eight new ductless heat pumps to ensure efficient year-round comfort for all units, including the lower-level storage/garage space and Canada Post Office. Steady rental income with reliable long term tenants in place. The oil heat is not used as seller installed 8 new heat pumps in building. This is an exceptional investment for those looking to expand their real estate portfolio with a turnkey, revenue-generating property in a growing community. Dont miss out Schedule a viewing to see for yourself! (id:38686)
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Property Details
Property Tax
: $4,555MLS® #
: NB113492
Home Features
Property Type
: MultiFamilySquare Footage
: 9,000 SQFT
Interior Features
Heating
: Heat Pump, ElectricBasement
: Unfinished, FullFlooring
: Laminate, Carpeted, Vinyl
Exterior Features
Acreage
: 0.47
Utilities
Sewer
: Septic System
Other
Exterior Features
: Vinyl
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