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:4069)
Address
9418 Main
List Price
$249,900
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Richibucto
Floor Area
2,400 Sq. Ft.
Lot Size
316 Sq M.
MLS® Number
NB143256
Listing Brokerage
eXp Realty
Basement Area
Crawl space
Postal Code
E4W4E2
Ownership
Freehold
Site Influences
Waterfront
Appliances
Refrigerator, Stove
Heat Source
Electric
Heat Type
Baseboard heaters
Foundation Details
Block, Concrete
Water Source
Municipal water
Sewer
Municipal sewage system
