NB
Kingston
E5N1J7
61 Bates Lake Road Rd
61 Bates Lake Road Rd, Kingston, NB E5N1J7
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Listing Type
Multi Family
Listing Status
Active
32
$275,000

Home Details for 61 Bates Lake Road Rd

Price
$275,000
Type
Residential Income
Days on site
86
Listing #
NB141228
Property Description

RARELY OFFERED!!! Picture yourself owning one of the few multi-unit properties available on the Kingston Peninsula, collecting reliable rental income while enjoying water views and future upside on a 1.43-acre property. This fully rented four-unit income property in Kingston Peninsula, New Brunswick offers that opportunity and more, generating approximately $39,600 in annual gross income with four occupied units already in place. You will love the stability of long-term tenants with more than 60 combined years of tenancy, the very low operating expenses that help maximize returns, and the rare opportunity to own a fully occupied multi-unit property in an area where buildings like this seldom become available. Set on 1.43 acres with water views in one of New Brunswicks most scenic communities, you are surrounded by waterfront living, small-town charm, and convenient access to Saint John, Rothesay, Quispamsis, and Hampton. Whether you are an experienced real estate investor looking to add a turnkey income-producing asset to your portfolio or searching for a property with dependable cash flow and long-term potential, this building delivers both stability and opportunity in a highly desirable location. If you have been searching for homes for sale in Kingston Peninsula with investment potential or Kingston Peninsula, New Brunswick real estate that can generate income from day one, this opportunity deserves your attention. Ready to see it for yourself? Book your private showing today. (id:31684)

Property Features
  • Heating Information
    • Baseboard
    • Electric
Listing Courtesy: EXIT Realty Specialists
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EXIT REALTY SPECIALISTS
1020 Rothesay Rd, Saint John, NB E2H 2H8
Rob Dipiero
License #: 169180
Sales Associate
Office
506 642 3948
Agent
506 651 5339
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