Barwise Realty - One Company, One TeamOffice: 506-458-9500 Fax: 506-453-9487
514 Needham Street, Fredericton, NB, E3B 1P3
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Office: 506-458-9500 Fax: 506-453-9487
514 Needham Street, Fredericton, NB, E3B 1P3
Barwise Realty - One Company, One Team

437-441-445 Covert Street, Oromocto, New Brunswick

MLS®: NB039224

Property Details

Lot Size:9200sq.m (as per SNB)
Land Features:Landscaped
Access Type:Year-round access

Very nicely maintained property consisting of three separate buildings for a total of 33 units. There are 15-1 bedroom units and 18-2 bedroom units. Each building has a laundry room with 2 coin operated washers and dryers. Heating system used to be natural gas but was converted to propane gas. Within the past 10-15 years, there have been many improvements to these buildings that were built in 1958 such as new boilers, new roofing, windows, doors, hot water systems, vinly siding. The buildings are currently fully occupied with leases on file. The rental amounts include heat and the tenant's pay their own hydro. Plenty of onsite, paved parking for tenants. Garbage is picked up my the Town of Oromocto. PLEASE NOTE: The Vendor will review any and all offers on Tuesday, January 28th, 2020 therefore we ask that offers be submitted by end of day Monday, January 27, 2020 leaving the acceptance time open until 6:00 pm on January 28, 2020. No offers will be considered with CMHC financing. All due diligence materials on file will be made available to interested buyers prior to the offer submission date to enable buyers to make an informed offer. No financial statements are available however, actual expenses and revenue history will be provided. (id:12367)


Features:Corner Site
Foundation Type:Block, Concrete
Flooring Type:Carpeted, Linoleum, Wood
Water:Municipal water
Sewer:Municipal sewage system
Heating:Propane Baseboard heaters, Hot Water