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MLS® NB142145

Overview

Key Facts

Type Triplex
Levels Residential Income
Size 2300 sqft
Garage 
Taxes $3,455
Days Active 0
Lot Size 0.63 Acres
Approx. Age 1967
Avg. Price Per Sqft $213
MLS® Number NB142145

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, 300 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, 600 and operating expenses of just $10, 454, this property delivers a net income of $42, 146, making it a lucrative investment opportunity. New Gravel in Driveway. Dont miss out. (id:58753)Show Description
MLS® NumberNB142145
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1967
Basement
Driveway
Garage Spaces
HeatHeat Pump, Baseboard heaters
A/CHeat Pump

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $489,900

For Sale · 0 days

$489,900

MLS® NB142145

6 hours ago

Not Sold Yet

June 2026, For Sale for $489,900

For Sale · 0 days

$489,900

MLS® NB142145

6 hours ago

Not Sold Yet

July 2025, Withdrawn for $489,900

Withdrawn · 237 days

$489,900

MLS® NB108318

A year ago

Canceled on Jul 1, 2025

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