Space
Finished area and layout
- Living Area
- 2,400 sqft
- Above Grade
- 2,400 sqft
- Finished Breakdown
- Above 2,400 sqft
+13 more
2,400 sqft
Living Area
316 sqft
Lot
Property Snapshot
Key details for this listing
MLS #NB143256
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
About This Property
This multi-family in Richibucto offers 2,400 sqft of living area on a 316 sqft lot. The property has lot dimensions of 316. The home features vinyl flooring, baseboard heaters, electric heating, a crawl space basement.
MLS Remarks
Investor opportunity in the heart of Richibucto with a VTB available. This versatile mixed-use triplex offers stable income, strong visibility, and clear future upside in a high-exposure Main Street location. The property currently includes two commercial units and one residential one-bedroom apartment, with long-term tenants already in place. The commercial spaces are occupied by a sign shop and a day Care/Coffee Shop, both operating primarily Monday to Friday, creating a low-impact tenant profile and a property that is straightforward to manage. Each unit is separately metered, helping keep operating responsibilities clean and efficient. Recent improvements include a new roof in 2024, adding confidence for investors looking for a lower-maintenance acquisition. The property also offers ample parking, water views, and is located just steps from the public marina, local businesses, services, and community amenities. What makes this property especially attractive is the future potential. The existing structure offers possible room to reconfigure and create an additional unit within the current layout, subject to approvals. There may also be opportunity to expand the structure over time, giving the next owner multiple paths to increase income, improve value, and force appreciation. Whether the goal is steady cash flow, a mixed-use portfolio addition, or a long-term value-add play, this property offers the right fundamentals: location, tenants, visibility, flexibility, and upside. A practical income property with stable tenancy today and clear growth potential for tomorrow. (id:60351)
Full Listing Details
Address9418 Main
MLS#NB143256
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market115
Common InterestFreehold
Annual Tax$6,323
Structure TypeTriplex
AttachedAttached
StyleMultiplex
Living Area2,400 sqft
Above Grade Area2,400 sqft
CityRichibucto
ProvinceNew Brunswick
Postal CodeE4W4E2
Lot Size316 sqft
Lot Dimensions316
HeatingBaseboard heaters, Electric
BasementCrawl space
FlooringVinyl
FoundationBlock, Concrete
AppliancesRefrigerator, Stove
ExteriorVinyl
Waterfront FeaturesWaterfront on ocean
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$6,323
Take exit 54 to Richibucto to main st and the property is on the left-hand side across from La Riva Grill
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