Details

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Description

Off Market Property 6 Townhouses for sale sitting on half an acre in a highly sought-after neighbourhood in Grand Falls, New Brunswick. This wheel-chair accessible property is ideal for retirees or seniors. The identical floor plan in each unit consists of approximately 1100 sq/ft of one-level living space with 2 bedrooms and 1 bathroom. In-floor heating throughout the building, including the attached garages. This property is situated within walking distance to all amenities and walking trails. Gross monthly rent of $7200.00 with each tenant paying their own utilities. With yearly income of $86400.00, this property boasts a cap rate of 5.26%. 0% vacancy over the lifespan of the building and a healthy waiting list of potential renters.