170 Main Street

Minto · MLS® NB145134

7,000 sq ft · 1,530 m² lot · House · Multi-family · 67 days on market

listed by Rachel MacFarlane, Keller Williams Capital Realty

realtor's description

Discover this 8-unit apartment building located in the heart of the Village of Mintojust a short walk to all local amenities and only 40 minutes from Fredericton. With strong rental demand and low vacancy rates in the area, this property offers solid cash flow and future growth potential. The building features a mix of unit updates, including 4 fully renovated apartments and 2 more that have seen partial upgrades. All units are currently tenanted, and each tenant is on a separate meter, paying their own hydrokeeping operating costs low for the owner. A standout feature is the potential to easily add a 9th unit, allowing for increased rental income with minimal investment. Whether you're a seasoned investor or looking to expand your portfolio, this property offers a turnkey opportunity in a thriving rental market.

property details

type: House, Multi-family
living area: 7,000 sq ft
lot: 1,530 m²
parking: 0
property tax: $4,343 / yr
days on market: 67
MLS®: NB145134

features

Level lot
Corner Site
Washer
Refrigerator
Stove
Dryer

monthly cost

$1,886/mo

Mortgage $1,524 · Tax $362

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,524/ monthly

loan $279,920

25-year amortization

down payment20% · $69,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $177,424
cash to close: $69,980; down payment; transfer tax and fees not included
total paid: $457,344

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.