LIVE MORTGAGE-FREE OR EARN 12% RETURN! 8 BEDROOMS | 3 UNITS | DETACHED GARAGE | PARTIALLY VACANT POSSESSION.This property in Riviere-Verte is a financial game-changer. It is a massive 8-bedroom building on almost half acre, set up as three separate units. The best part? The two biggest units are VACANT, meaning you get the keys on closing day to either move in or pick your own tenants at top market rates.THE SETUP (3 UNITS):Main Floor (VACANT): Huge 3-bedroom unit. Perfect for you to live in, or rent out for approx. $1,700/mo.In-Law Suite (VACANT): Private 1-bedroom unit with its own entrance. Ideal for an Airbnb or renting for approx. $900/mo.Upstairs (RENTED): Large 4-bedroom unit with a stable tenant paying $1,000/mo.THE MATH (PLAIN ENGLISH):For Homebuyers: Move into the beautiful main floor. The rent from the upstairs tenant and the in-law suite covers your costs. You live for free.For Investors: If you rent out all three units, this property is projected to earn over $33,000 in profit per year (after expenses). That is a massive 12.2% return on your money.NO RENOS NEEDED: The heavy lifting is done. New plumbing, updated electrical, new floors, and a solid roof (9 yrs old). Plus, tenants pay their own heat and lights (separate meters).EXTRAS: Double garage (perfect workshop), carport, and parking for 6 cars. Whether you want to "House Hack" and live for free, or build a high-cashflow portfolio, this is the one with a strong financial proforma.
For sale
C$269,900
53 Principale St, Riviare Verte, NB E7C 2T7
3beds
3baths
--sqft
Duplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
New plumbingNew floors
- 7 days |
- 10 |
- 2 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 07, 2025 at 08:50pm
Listed by:
EXP REALTY
Source: TRREB,MLS®#: X12606678
Originating MLS®#: Toronto Regional Real Estate Board
Originating MLS®#: Toronto Regional Real Estate BoardFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Bedroom
- Level: Second
- Dimensions: 3.96 x 2.13
Bedroom
- Level: Basement
- Dimensions: 2.28 x 2.43
Bedroom
- Level: Main
- Dimensions: 3.96 x 3.04
Bedroom 2
- Level: Main
- Dimensions: 3.96 x 3.04
Bedroom 2
- Level: Second
- Dimensions: 3.35 x 2.74
Bedroom 3
- Level: Second
- Dimensions: 2.74 x 2.28
Bedroom 3
- Level: Main
- Dimensions: 3.04 x 2.59
Bedroom 4
- Level: Second
- Dimensions: 3.04 x 4.57
Bathroom
- Level: Basement
- Dimensions: 1 x 1
Bathroom
- Level: Main
- Dimensions: 2.16 x 2.74
Bathroom
- Level: Second
- Dimensions: 1 x 1
Dining room
- Level: Main
- Dimensions: 3.35 x 6.09
Dining room
- Level: Second
- Dimensions: 2.28 x 6.1
Kitchen
- Level: Second
- Dimensions: 2.28 x 6.1
Kitchen
- Level: Basement
- Dimensions: 1.82 x 3.35
Kitchen
- Level: Main
- Dimensions: 4.88 x 4.26
Laundry
- Level: Main
- Dimensions: 1.98 x 2.43
Living room
- Level: Second
- Dimensions: 3.96 x 4.26
Living room
- Level: Basement
- Dimensions: 3.65 x 3.35
Living room
- Level: Main
- Dimensions: 3.35 x 6.09
Utility room
- Level: Basement
- Dimensions: 1 x 1
Heating
- Baseboard, Electric
Cooling
- Other
Appliances
- Included: Water Heater
Features
- In-Law Suite, Wheelchair Access
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Living area range: 2500-3000 null
Property
Parking
- Total spaces: 6
- Parking features: Private
- Has garage: Yes
Features
- Stories: 2
- Pool features: None
Lot
- Size: 0.46 Acres
- Features: Campground, Park
Details
- Additional structures: Shed
- Parcel number: 35078195
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Stucco (Plaster), Vinyl Siding
- Foundation: Concrete
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Riviare Verte
Financial & listing details
- Tax assessed value: C$121,100
- Annual tax amount: C$1,792
- Date on market: 12/6/2025
EXP REALTY
By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.
Price history
Price history
Price history is unavailable.
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: E7C
Nearby schools
GreatSchools rating
- 4/10Madawaska Elementary SchoolGrades: PK-6Distance: 9.4 mi
- 7/10Madawaska Middle/High SchoolGrades: 7-12Distance: 8.9 mi
- Loading
