CANBWillow Grove566 111 Rte
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566 111 Rte, Willow Grove, NB

Real Estate

For Sale

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MLS® NB126956

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2300 sqft
Garage No
Taxes $3,455
Days Active 77
Lot Size 
Approx. Age 1967
Avg. Price Per Sqft $213
MLS® Number NB126956

Property Address: 566 111 Rte, Willow Grove, NB, E2S1M9

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

Description

Welcome to 566 Route 111, a fully rented triplex that blends modern upgrades with excellent investment potential in a serene rural setting. This property has undergone extensive renovations, ensuring both comfort and value. The top unit is a bright, completely updated 3-bedroom apartment featuring brand-new flooring, trim, fixtures, and a stylishly redesigned kitchen and bathroom. It currently rents for $1, 700 per month with heat and lights included. The middle unit, which is identical in layout to the top floor, presents an exciting opportunity to update and increase its rental income, as it is currently rented at $1, 250 per month, also with heat and lights included. On the lower level youll find a coin-operated laundry and a storage area, along with a beautifully renovated 1-bedroom unit boasting fresh flooring, trim, fixtures, and a modern kitchen and bath, renting for $1, 300 per month with utilities included. All three units are equipped with energy efficient mini-split heat pumps for year-round comfort. The property also offers a private yard, perfect for entertaining, along with close proximity to St. Martins, SJ Airport, east Saint John, Quispamsis, and several nearby lakes, providing an ideal balance of rural charm and urban convenience. With a gross annual income of $52, 000 and operating expenses of just $10, 454, this property delivers a net income of $41, 546, making it a lucrative investment opportunity. New Gravel in Driveway. Dont miss out. (id:58753)Show Description
MLS® NumberNB126956
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1967
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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566 111 Rte, Willow Grove, NB

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