
Multi-family For Sale
$950,000
MLS® Number: NB134444
Floor Area
5,836
Land Size
0.5
Multi-family For Sale
$950,000
Floor Area
5,836
Land Size
0.5
23 Centennial West, Rexton, New Brunswick
About This Property
Well-maintained 9-unit apartment building with Creative Financing options and with an excellent rental history located in the heart of Rexton. This property features nine 1-bedroom units, each with its own laundry hookups separate meters and functional layouts that appeal to long-term tenants. The building also includes a large garage that could be purchased separately and ample on-site parking for tenants and guests. Several units are larger than typical 1-bedroom layouts, presenting potential for reconfiguration or the addition of extra units, offering investors a clear opportunity to increase rental income and force appreciation (subject to approvals). Located on Centennial West Avenue, the property is within walking distance to the elementary school, shops, and restaurants, and only 34 km from the Town of Richibucto and approximately 50 minutes to Moncton. This property offers stable income today with strong upside potential. The seller is open to discussing creative financing options, making this an attractive opportunity for investors looking to expand their portfolio with flexible acquisition possibilities.
Property Details
Interior Details
Appliances
Refrigerator, Stove
Flooring
Vinyl
Heating
Baseboard heaters, Electric
Living Area
5836 sqft
Building & Exterior
Exterior Features
Aluminum/Vinyl
Foundation Details
Concrete
Number Of Units Total
9
Land & Location
Lot Size Area
0.5 acres
Lot Size Dimensions
0.5
Parcel Number
25140641
Postal Code
E4W1X4
Listing & Financials
Listing Office
eXp Realty
Originating System Name
New Brunswick REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
eXp Realty
Mortgage Calculator
Estimated Monthly Payment
$4,667
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$4,667
Principal and interest only. Actual rates may vary.