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$ 599,000
Est. payment /mo
Active
508 Coverdale Riverview, NB E1B3K4
0.28 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB108615
Originating Board New Brunswick Real Estate Board
Lot Size 0.283 Acres
Acres 12346.205
Property Description
TURN-KEY Exceptional Investment Opportunity/ PRIME LOCATION/ 3 ELECTRICAL METERS. Good deal is hard to find but you found it! This prime commercial property offers three rental income streams, making it a standout investment in the heart of Riverview. Three electrical meters for easy tenant management and billing! Located on busy Coverdale road, just minutes from The Honourable Brenda Robertson Bridge, commercial and apartment buildings, this building includes: Two successful ground-floor businesses: one pizza restaurant & one eat-in, take-out restaurant. One of them with potential for a drive-through. Long-term commercial tenant, covering major expenses such as property taxes, insurance, and utilities, ensuring low-risk ownership. Upstairs, you will find a spacious 3-bedroom apartment with TWO separate entrances: one stairs on the left side and one stairs on the right of the building. Potential rent of around 1700$/month, currently vacant for easy showing. This apartment is also perfect for owner-occupancy or additional rental income. The basement is using as a storage, high ceiling, potential for your creative. With excellent visibility, accessibility, and proximity to amenities, this turnkey property offers immediate cash flow and future growth potential. Dont miss this opportunity! (id:24570)
Location
Province NB
Interior
Heating Baseboard heaters, Heat Pump,
Cooling Heat Pump
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Lot Description Landscaped
Listed by Keller Williams Capital Realty