Property Description

INCOME TODAY. DEVELOPMENT POTENTIAL TOMORROW. Discover a rare investment opportunity at 1321 Principale in Beresford, New Brunswick! This unique property combines four newer townhouse-style rental units, a detached home built in 2025, and approximately 40 acres offering exciting potential for future projects. Built in 2023, the four rental units each feature two bedrooms, slab-on-grade construction, a mini-split heat pump, an air exchanger, kitchen appliances and an attached garage. One premium unit features a larger garage with two doors. The three other units and the premium unit currently generate approximately $6,950 per month in gross rental income, with tenants paying their own electricity. The detached home, built in 2025, is currently owner-occupied and offers estimated rental potential of approximately $3,000 per month, subject to buyer verification. The property is serviced by one private well and three private septic systems. Quality construction and paved driveways add to its appeal as an income-producing investment. Beyond the existing buildings, the approximately 40-acre property offers opportunities to explore future residential development, additional lot subdivision, recreational uses, glamping or RV sites, subject to due diligence, municipal requirements and all necessary approvals. A stream with natural cascades winds through portions of the property, adding a unique natural feature and recreational appeal. Whether you're an investor seeking established rental income or a buyer looking for a property with long-term development possibilities, this offering deserves a closer look. Contact your Realtor for additional information, rental details and to arrange a private viewing. Please allow 24 hours' notice for showings due to tenants. (id:7434)