3485 RUE ALBERT
New Brunswick · E1X1C8
$460,000
About this residence
Located in the heart of downtown Tracadie, this mixed-use property at 3485 Rue Albert is a rare opportunity for investors looking for a profitable and well-maintained building. Its prime location allows tenants to walk to all essential servicesrestaurants, grocery stores, pharmacies, cafés, and more. The area is peaceful with low traffic, yet right in the middle of it all, even offering a view of the city. The building includes three residential unitsA one-bedroom apartments and two two-bedroom units. One apartment has been fully renovated, while the other two have been well maintained and received updates over time. The ground-floor commercial space is currently leased by a well-established non-profit organization, ensuring stable income. Features include a shared laundry room with coin-operated washers and dryers, parking for tenants, four separate electrical meters, and four hot water tankstenants pay their own utilities. Renovations in recent years include the roof, windows, Canexel siding, and some exterior doors, all replaced in 2013. Easy to rent, well cared for, and in a prime location, this property is a solid investment for anyone looking to add a turnkey income property to their portfolio. (id:61366)
Property details
- Property type
- Other
- Ownership
- Freehold
- Bedrooms
- 0
- Living area
- 4,200 sq ft
- Lot size
- 295
- Year built
- 1917
- Annual tax
- $6,485
- MLS®
- NB118210
- Board
- New Brunswick
- Status
- Inactive
- Listed
- May 12, 2025
- Updated
- Nov 17, 2025
Features & finishes
Heating
- Baseboard heaters
- Electric
Exterior
- Other
Financing
Estimated monthly payment
$2,151/mo
Loan amount
$368,000
Down payment
$92,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
New Brunswick
Nearby
About the area
Census · E1X- 14,082
- Population
- 52
- Median age
- $61,600
- Median income
- $150,000
- Median home value
- 77%
- Home ownership
- 21 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 3485 RUE ALBERT?
3485 RUE ALBERT is listed for $460,000, in New Brunswick.
How many bedrooms and bathrooms does 3485 RUE ALBERT have?
It offers 0 bedrooms and — bathrooms.
What type of home is 3485 RUE ALBERT?
3485 RUE ALBERT is a Other, built in 1917.
How large is 3485 RUE ALBERT?
The home offers approximately 4,200 sq ft of living space on a lot measuring 295.
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 $2,151. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $6,485 per year.
What is the New Brunswick area like?
New Brunswick has a population of about 14,082, a median age of 52, a 77% home-ownership rate, with an average commute of about 21 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 $61,600.
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