CANBSaint-Louis-De-Kent10535 Rue Principale
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10535 Rue Principale, Saint-Louis-De-Kent, NB

Real Estate

For Sale

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MLS® NB132893

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 1632 sqft
Garage No
Maintenance Fees 
Taxes $5,183
Days Active 4
Approx. Age 1976
Avg. Price Per Sqft $275
MLS® Number NB132893

Property Address: 10535 Rue Principale, Saint-Louis-De-Kent, NB, E4X1E7

Average square foot calculated using Size range provided by listing agent.

Description

ATTENTION INVESTORS... 11% Cap Rate and VTB available... Turnkey multi-unit opportunity in the center of Saint-Louis-de-Kent. This property features 5 fully occupied rental units consisting of 2 × 2-bedroom units and 3 × 1-bedroom units, delivering immediate, stable income. The three lower units are newly constructed, reducing near-term capital expenditure and increasing long-term durability. Two of these units operate under a government housing contract, providing guaranteed rent, which strengthens cash flow reliability and lowers vacancy risk. Located directly on Rue Principale, tenants benefit from walkable access to grocery and hardware stores, making this a highly practical rental location. Lifestyle convenience adds to tenant retention: 2 minutes to Tim Hortons and only 5 minutes to the beach. This is a rare chance to acquire a stabilized asset in a tight local rental market with a blend of new construction, government-backed income, and strong unit mix. Ideal for investors seeking dependable returns in a growing coastal community. (id:58753)Show Description
MLS® NumberNB132893
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1976
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

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  • Commute

Commute

Starting Address
Destination Address
10535 Rue Principale, Saint-Louis-De-Kent, NB

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