3485 Albert Street, Tracadie, New Brunswick

About 3485 Albert Street

Located in the heart of downtown Tracadie, this mixed-use property at 3485 Rue Albert is a rare opportunity for investors looking for a profitable and well-maintained building. Its prime location allows tenants to walk to all essential servicesrestaurants, grocery stores, pharmacies, cafés, and more. The area is peaceful with low traffic, yet right in the middle of it all, even offering a view of the city. The building includes three residential unitstwo one-bedroom apartments and one two-bedroom unit. One apartment has been fully renovated, while the other two have been well maintained and received updates over time. The ground-floor commercial space is currently leased by a well-established non-profit organization, ensuring stable income. Features include a shared laundry room with coin-operated washers and dryers, parking for tenants, four separate electrical meters, and four hot water tankstenants pay their own utilities. Renovations in recent years include the roof, windows, Canexel siding, and some exterior doors, all replaced in 2013. Easy to rent, well cared for, and in a prime location, this property is a solid investment for anyone looking to add a turnkey income property to their portfolio. (id:6289)

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