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213 Route 124, Norton
For Sale · Multifamily

213 Route 124, Norton

213 Route 124, Norton

NewFor Sale

Property details

Building area
5,400 sq ft
Lot size
18,525 sq ft
Units
7
Annual taxes
$7,015.68/yr

Description

Here is a great investment opportunity with 7 apartment units fully occupied. They consist of 1 one bedroom apt. and 6 two Bedroom apartments. There is also a 106x26 commercial building currently rented by a family member. It is heated with a ducted heat pump and has a separate meter. The basement is heated by heat pump. The apartments are well maintained an most have washer an dryer hook up and are heated with heated electric baseboard heaters. Each unit is on a separate meter. There is a very large gravel parking lot. The owner has had the property for about 40 years and it shows pride of ownership.The rents are below market so there is an opertunity to grow the revenue. The commercial building could easily be converted to storage. What an amazing opportunity for the right investor!

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Listing courtesy of Coldwell Banker Excellence Realty. Data via Saint John REALTOR® board.

Listing courtesy of Coldwell Banker Excellence Realty, Saint John board. Data provided under the NB REALTOR® RETS agreement.