Discover a prime investment opportunity with this exceptional property located in highly trafficked heart of the city. This mixed-use property features two commercial units on the ground floor and a spacious residential unit on the second floor. The commercial spaces, each equipped with its own washroom, are perfect for retail or office use. The residential unit offers a generous kitchen, living room, and foyer that can easily be converted into a two-bedroom apartment. Additional highlight is the unfinished basement, which holds the potential to be transformed into another unit, further enhancing the income-generating possibilities. With an expected monthly income ranging from $1,500 to $2,000, this property presents a lucrative investment opportunity. The property boasts two large driveways providing ample parking. The unita enjoy a stunning, unobstructed water view from the backyard, offering a serene and picturesque setting. Its prime location on Victoria Street places it near major retailers such as Walmart, Kent, and Canadian Tire, as well as other essential amenities. Whether youre looking to start a business or create a comfortable living space, this property offers exceptional visibility, versatility, and potential. Dont miss out on this unique chance to invest in a property with great income-generating possibilities and beautiful water views. PS Interior images are from when the unit was fully tenanted. The house is currently vacant. Sold As Is, Where Is. (id:42550)
MLS® Number | M161637 |
Property Type | Multi-family |
Equipment Type | Water Heater |
Rental Equipment Type | Water Heater |
Bedrooms Above Ground | 1 |
Bedrooms Total | 1 |
Half Bath Total | 2 |
Heating Type | Baseboard Heaters |
Size Interior | 1960 Sqft |
Total Finished Area | 1960 Sqft |
Type | Duplex |
Utility Water | Municipal Water |
Access Type | Year-round Access |
Acreage | No |
Sewer | Municipal Sewage System |
Size Irregular | 3130 |
Size Total | 3130 Sqft |
Size Total Text | 3130 Sqft |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Second Level | Laundry Room | X | ||
Second Level | 4pc Bathroom | X | ||
Second Level | Bedroom | X | ||
Second Level | Living Room/dining Room | X | ||
Second Level | Kitchen | X | ||
Basement | Other | X | ||
Main Level | Other | X | ||
Main Level | 2pc Bathroom | X | ||
Main Level | 2pc Bathroom | X | ||
Main Level | Great Room | X | ||
Main Level | Great Room | X | ||
Main Level | Foyer | X |
https://www.realtor.ca/real-estate/27283981/198-victoria-edmundston
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