attention Investors opportunity knocking. Stock Market volatility got you down....how about an Approx 9 % cap rate solid cash flow. With market appreciation. Perfect location beside elementary school, high school and fire dept. This building has a reputation of being one of the best locations on Salisbury to rent. Long term tenants some ranging from 7 to 15 years. 5 units all renovated with new flooring, new windows. Newer high efficiency furnace. Current owners are have owned it over a decade and are down sizing there holdings. At low mortgages rates this investment opportunity is affordable. Qualify. Plus, Salisbury has a lower tax rate, meaning more cash flow for you. This rental market had limited competition but high demand. (1954725)
From Salisbury Big Stop - Drive down Old Fredericton Rd. (Rte. 112) towards Salisbury to Main Street; turn right on Main; take 2nd left on Douglas St; Building on the left, across from all schools.
Property Type
Multi-family
Time on REALTOR.ca
3480 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. REALTOR.ca Canada Inc. does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.