1321 Principale, Beresford, New Brunswick

About 1321 Principale

RARE INVESTMENT & DEVELOPMENT OPPORTUNITY! Exceptional INCOME PROPERTY offers outstanding future development potential with ACREAGE. Situated on approximately 150 acres, this unique property includes four townhouse-style rental units built in 2023 and a detached home built in 2025, all in like-new condition. Each rental unit offers 2 bedrooms, slab-on-grade construction (no basement), a mini-split heat pump, air exchanger, all kitchen appliances, and an attached GARAGE. One premium unit features a larger double-door garage and rents for $2,000/month, while the remaining three units rent for $1,650/month. Tenants pay their own electricity. The detached home is currently owner occupied and has an estimated rental potential of approximately $3,000/month. The property is serviced by one private well and three private septic systems (one for the detached home and two for the townhouse complex). Quality construction and paved driveways make this a turnkey investment. Included in the sale is one of Beresfords largest land parcels. A small stream with natural cascades runs through portions of the property, adding beautiful recreational appeal. A raw (unpaved) road currently being completed by the owner will connect to Kent Lodge Road, where 4 lots are in the process of being subdivided (3 lots of approx. 3 acres and 1 lot of approx. 4 acres). Excellent potential for future residential development, additional lot subdivision, glamping, RV sites, recreational use, or other projects, subject to buyer verification and approvals. 24 hours notice required for all showings due to tenants. (id:36535)

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