Property Description for 276-278 York
Well-located duplex in the heart of Downtown Bathurst offering strong investment potential. The property features two spacious units with separate entrances and power meters. The upper unit is currently vacant and offers three bedrooms with potential rental income of $1,500/month, while the main floor unit is a two-bedroom currently rented at $800/month. Each unit has its own laundry hookups and benefits from a functional layout that appeals to long-term tenants. Situated within walking distance to shopping, restaurants, and schools, this centrally located property is attractive to renters. The lot is landscaped and includes parking for multiple vehicles. Utility responsibilities are split, with tenants covering their own electricity and the landlord covering water, lawn care, and snow removal. The building was appraised at $264,500 in December 2024 and is priced to sell at $234,900, offering immediate equity. Construction is wood frame with vinyl siding and asphalt shingles. Heating is electric baseboard and both units are on separate meters, providing straightforward management for the investor. This is a turn-key opportunity in a high-demand rental area. (id:38686)
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Property Details
Property Tax
: N/AMLS® #
: NB117512
Home Features
Property Type
: MultiFamilySquare Footage
: 1,680 SQFT
Interior Features
Heating
: ["Baseboard heaters", "Electric"]
Exterior Features
Acreage
: 0.09
Utilities
Sewer
: ["Municipal sewage system"]
Other
Exterior Features
: ["Vinyl"]
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