Space
Finished area and layout
- Living Area
- 1,480 sqft
- Above Grade
- 1,480 sqft
- Finished Breakdown
- Above 1,480 sqft
+37 more
1,480 sqft
Living Area
11,342 sqft
Lot
2026
Year Built
Property Snapshot
Key details for this listing
MLS #NB142315
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Year Built
About This Property
This multi-family in Sackville offers 1,480 sqft of living area on a 11,342 sqft lot. Built in 2026. The property has lot dimensions of 11342. The home features ceramic and vinyl flooring, heat pump, baseboard heaters, electric heating, heat pump.
MLS Remarks
MLI SELECT ELIGIBLE POTENTIAL | STRONG CASH FLOW | IMMEDIATE EQUITY | PROPERTY TAX SAVINGS This townhouse development offers a rare opportunity to acquire high-performing rental assets within a proven six-unit building layout. Each building features 2 spacious 3-bedroom units and 4 comfortable 1-bedroom units (end units with private side entrances), creating an ideal mix for affordability and strong rental demand. Located in the heart of Sackville, New Brunswick, the project benefits from a historically low vacancy rate supported by the local university and strong rental demand. Priced at an average of $235,000 per unit, these properties are designed with investors in mind and offer approximately $140,000 in estimated built-in equity based on current pricing. The buildings have been designed with energy-efficient features and may be eligible for enhanced financing options through CMHC's MLI Select program, subject to purchaser qualification, lender underwriting, and CMHC approval. The project may also qualify for the Purpose-Built Rental Housing (PBRH) rebate program, subject to eligibility requirements. Investors may benefit from a municipal property tax incentive over the first 10 years, beginning with approximately 91% savings on your property taxes in year one , with the incentive gradually decreasing thereafter. Each turnkey units includes modern finishes, appliances, mirrors, landscaping, and paving, and has been designed to allow for future individual subdivision, providing additional flexibility and potential exit strategies for investors. Additional units may be available. (id:60351)
Full Listing Details
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
