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$ 550,000
Est. payment | /mo
3,848 SqFt
$ 550,000
Est. payment | /mo
3,848 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3848
Square Footage 3,848 sqft
Price per Sqft $142
MLS® Listing ID NB129605
Lot Size 0.488 Acres
Acres 0.48803312
Property Sub-Type Freehold
Property Description
Situated on a double lot on Main Street in the heart of Hampton, this well-cared-for two-storey property offers five self-contained units and versatility for both investors and owner-occupants. The main floor features a spacious two-bedroom, 1.5-bath suite with laundry, a sunporch, and elevator access to the basement. From there, a small garage-style door provides easy outdoor access, ideal for wheelchair use. The suite also includes basement storage and a side-entry ramp, making it a great option for an owners unit or a premium rental. A one-bedroom apartment on the main floor is rented for $1100 per month, while the upper level features three one-bedroom units. The three apartments upstairs are currently rented for $1,100, $600, and $600. Two of the four occupied units are currently rented well below market value, offering clear potential to increase income over time. Each unit includes heat in the rent and is individually metered for power, with tenants responsible for their own electricity. Future owners could also explore converting heat to tenant responsibility, reducing expenses and improving cash flow. The property also includes a garage bay that opens to a large basement with a functional workbench, boiler, hot water tanks, and well equipment, along with ample room for storage or a workshop. This building offers strong fundamentals and excellent potential to increase value. Buyer to confirm all measurements. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Hot Water,
Flooring Vinyl, Linoleum, Hardwood
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Keller Williams Capital Realty
Nearby Locations
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