61 Bates Lake Road, Kingston, New Brunswick

$275,000

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3,045

Square feet

1.43

Acres

About 61 Bates Lake Road

RARELY OFFERED!!! Picture yourself owning one of the few multi-unit properties available on the Kingston Peninsula, collecting reliable rental income while enjoying water views and future upside on a 1.43-acre property. This fully rented four-unit income property in Kingston Peninsula, New Brunswick offers that opportunity and more, generating approximately $39,600 in annual gross income with four occupied units already in place. You will love the stability of long-term tenants with more than 60 combined years of tenancy, the very low operating expenses that help maximize returns, and the rare opportunity to own a fully occupied multi-unit property in an area where buildings like this seldom become available. Set on 1.43 acres with water views in one of New Brunswicks most scenic communities, you are surrounded by waterfront living, small-town charm, and convenient access to Saint John, Rothesay, Quispamsis, and Hampton. Whether you are an experienced real estate investor looking to add a turnkey income-producing asset to your portfolio or searching for a property with dependable cash flow and long-term potential, this building delivers both stability and opportunity in a highly desirable location. If you have been searching for homes for sale in Kingston Peninsula with investment potential or Kingston Peninsula, New Brunswick real estate that can generate income from day one, this opportunity deserves your attention. Ready to see it for yourself? Book your private showing today. (id:6289)

Features of 61 Bates Lake Road

Listing # NB141228
Price $275,000
Square Footage 3,045
Acres 1.43
Type Multi-family
Sub-Type Fourplex

Community Information

Address 61 Bates Lake Road
City Kingston
Province New Brunswick
Postal Code E5N1J7

Amenities

Is Waterfront No
Has Pool No

Interior

Appliances Washer, Refrigerator, Stove, Dryer
Heating Baseboard heaters, Electric
Fireplace No
Has Basement Yes
Basement Finished, Full, Walk out

Exterior

Exterior Cedar shingles, Wood shingles
Lot Description 5787
Foundation Concrete

Listing Details

OfficeEXIT Realty Specialists

Listing Map

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