Discover a prime investment opportunity with this exceptional property located in highly trafficked heart of the city. This mixed-use property features two commercial units on the ground floor and a spacious residential unit on the second floor. The commercial spaces, each equipped with its own washroom, are perfect for retail or office use. The residential unit offers a generous kitchen, living room, and foyer that can easily be converted into a two-bedroom apartment. Additional highlight is the unfinished basement, which holds the potential to be transformed into another unit, further enhancing the income-generating possibilities. With an expected monthly income ranging from $1,500 to $2,000, this property presents a lucrative investment opportunity. The property boasts two large driveways providing ample parking. The unita enjoy a stunning, unobstructed water view from the backyard, offering a serene and picturesque setting. Its prime location on Victoria Street places it near major retailers such as Walmart, Kent, and Canadian Tire, as well as other essential amenities. Whether you're looking to start a business or create a comfortable living space, this property offers exceptional visibility, versatility, and potential. Don't miss out on this unique chance to invest in a property with great income-generating possibilities and beautiful water views. PS Interior images are from when the unit was fully tenanted. The house is currently vacant. Sold As Is, Where Is.
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Apartment for rent
C$99,900/mo
198 Victoria, Edmundston, NB E3V 2H9
1beds
1,960sqft
Price may not include required fees and charges.
Multifamily
Available now
-- Pets
-- A/C
-- Laundry
-- Parking
Baseboard
What's special
Spacious residential unitGenerous kitchenLarge drivewaysAmple parkingStunning unobstructed water viewBeautiful water views
- 15 days
- on Zillow |
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Travel times
Looking to buy when your lease ends?
Consider a first-time homebuyer savings account designed to grow your down payment with up to a 6% match & 4.15% APY.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Heating
- Baseboard
Features
- View
Interior area
- Total interior livable area: 1,960 sqft
Property
Parking
- Details: Contact manager
Features
- Exterior features: Heating system: Baseboard, Lot Features: Under 0.5 Acres, No Garage, Under 0.5 Acres, Water Heater
- Has view: Yes
- View description: Water View
Construction
Type & style
- Home type: MultiFamily
- Property subtype: MultiFamily
Community & HOA
Location
- Region: Edmundston
Financial & listing details
- Lease term: Contact For Details
Price history
Price history is unavailable.