116 1ère rue Street
New Brunswick · E4W2C9
$499,000
About this residence
OPPORTUNITY to own an INVESTMENT in a growing region! Whether expanding your portfolio or making your first investment, this building represents an excellent opportunity. A 7-unit multi-family dwelling ideally located in the heart of the port and university town of Shippagan, just steps from the footbridge along the sea. This prime location, just minutes from local services, shops, restaurants, and the University, is an attractive place for tenants with a 100% occupancy rate. 1 3-bedroom unit, 4 2-bedroom units, and 2 1-bedroom units. The building has undergone several renovations in recent years: roof shingles, exterior cladding, and more! 7 refrigerators, 7 stoves, 6 washers, and 6 dryers included. Contact us for more information! (Please note that only part of the lot will be sold, approximately 47m X 37m) (id:61366)
Property details
- Property type
- Multi-family
- Ownership
- Freehold
- Living area
- 5,240 sq ft
- Lot size
- 0.4
- Annual tax
- $9,384
- MLS®
- NB113838
- Board
- New Brunswick
- Status
- Active
- Listed
- Mar 11, 2025
- Updated
- Oct 23, 2025
Features & finishes
Heating
- Electric
Exterior
- Vinyl
Foundation
- Concrete
Sewer & Utilities
- Municipal sewage system
Financing
Estimated monthly payment
$2,334/mo
Loan amount
$399,200
Down payment
$99,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
New Brunswick
Nearby
About the area
Census · E4W- 8,603
- Population
- 48
- Median age
- $60,400
- Median income
- $150,000
- Median home value
- 81%
- Home ownership
- 22 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 116 1ère rue Street?
116 1ère rue Street is listed for $499,000, in New Brunswick.
What type of home is 116 1ère rue Street?
116 1ère rue Street is a Multi-family.
How large is 116 1ère rue Street?
The home offers approximately 5,240 sq ft of living space on a lot measuring 0.4.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,334. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $9,384 per year.
What is the New Brunswick area like?
New Brunswick has a population of about 8,603, a median age of 48, a 81% home-ownership rate, with an average commute of about 22 minutes.
What is the average home value in New Brunswick?
The median dwelling value in this area is approximately $150,000, based on census data via Neighbourly.
What is the median household income in New Brunswick?
The median household income in this area is approximately $60,400.
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Private viewings
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