259 Route 176, Pennfield

259 Route 176, Pennfield, NB E5H1R9 Photo 1

38 Photos

259 Route 176, Pennfield, NB E5H1R9 Photo 2
259 Route 176, Pennfield, NB E5H1R9 Photo 3
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259 Route 176, Pennfield, NB E5H1R9 Photo 5
259 Route 176, Pennfield, NB E5H1R9 Photo 6
259 Route 176, Pennfield, NB E5H1R9 Photo 7
  • Bedrooms: 4
  • Bathrooms: 2
  • MLS®: nb095433
  • Type: Residential
  • Added: 205 days ago
  • Type: Residential
  • Listed by: Point2

Property Details

Welcome to 259 Route 176, a remarkable investment opportunity in Pennfield. This property seamlessly combines residential and commercial spaces, making it an ideal choice for investors seeking versatility. Boasting approximately 1800 sq/ft of commercial space on the main level, complete with an attached garage, and an additional four-bedroom apartment spanning approximately 1160 sq/ft on the second level, this property offers a myriad of possibilities.\r\nThe main floor of this property provides an expansive area for retail purposes, offering ample space to accommodate various business ventures. Whether you envision a trendy boutique, a cozy café, or a thriving office space, the potential for success is boundless.\r\nIn the accompanying photos, you'll discover an exciting plan to transform this parcel into an apartment complex, highlighting the unlimited potential this property holds. With a strategic vision and the right investment, this property can be transformed into a captivating residential community, providing an appealing haven for future residents. Don't miss the chance to seize this extraordinary opportunity at 259 Route 176. With its unique blend of commercial and residential spaces, coupled with its untapped potential, this property is truly a gem waiting to be uncovered. Both residential and commercial space are currently rented. Purchaser to confirm all measurements prior to closing. For more information contact your favorite agent today!

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Features

  • Roof: Asphalt Shingle
  • Other: Exclusions: Tenant owns the appliances in the apartment., Year Built: Approx 1970, Age: 54, Foundation: Slab, Cooperating Commission: 2%
  • Heating: Electric, Propane
  • Lot Features: Land Titles: yes
  • Sewer/Water Systems: Water: Well, Sewers: Septic

Nearby Places

Name Type Address Distance
Justasons Corner, New Brunswick Justasons Corner is a Canadian unincorporated comm... 0.5 km
Pennfield, New Brunswick Pennfield intersects with Route 1, Route 175, Rout... 1.8 km
Pennfield Elementary School School 18 School 2.4 km
Beaver Harbour, New Brunswick It is located east of Blacks Harbour and south of ... 2.9 km
Blacks Harbour School School Blacks Harbour 4.1 km
New Brunswick Route 778 Route 778 is a 10.8-kilometre (6.7 mi) long north ... 4.1 km
Upper Letang, New Brunswick Upper Letang is a Canadian unincorporated communit... 4.3 km
Blacks Harbour, New Brunswick It is situated 15 kilometres southeast of the town... 4.6 km
Tim Hortons Cafe 5 Route 172 4.6 km
Heritage Salmon Limited Food 874 Main 5.0 km
Fundy High School School 44 Mt Pleasant Rd 5.1 km
Fundy High School George, FHS is home to some 500+ students, from gr... 5.1 km
Similar Houses Stat in Pennfield
We have found 4 Houses that closely match the specifications of the property located at 259 Route 176 with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 96,700 and 198,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the E5H1R9 postal code area of Pennfield New Brunswick Canada.
259 Route 176 mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 259 Route 176. The current price of the property is $150,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $120,000. This would result in a monthly mortgage payment of $701 over a 25-year amortization period.
Comparison of 259 Route 176, Pennfield, NB with Nearby Houses
Nearby Cities Listings Avg. price
Riverview Homes for Sale 71 $539.526
Saint John Homes for Sale 165 $489.256
Quispamsis Homes for Sale 76 $360.105
Fredericton Homes for Sale 105 $464.289
Yarmouth Homes for Sale 58 $335.457
Shediac Homes for Sale 86 $568.792
Moncton Homes for Sale 312 $511.860
Dieppe Homes for Sale 119 $710.143
Popular Cities Listings Avg. price
Ottawa Homes for Sale 2035 $893.705
Kawartha Lakes Homes for Sale 489 $938.734
Oshawa Homes for Sale 417 $1.041.937
Whitby Homes for Sale 325 $1.211.135
Fort Erie Homes for Sale 367 $901.237
Other Homes for Sale 1397 $992.161
Markham Homes for Sale 521 $1.383.139
Niagara Falls Homes for Sale 665 $1.101.659
191 Route 176, Pennfield 203 Route 176, Pennfield 300 Rte 176, Pennfield 264 Route 176, Pennfield