894 Principale Street, Beresford
Turnkey investment opportunity positioned directly on Main Street with excellent visibility and tenant appeal. This well-configured 7-unit building includes 2 one-bedroom units, 4 two-bedroom units, and 1 bachelor unit, offering a diversified rental mix that supports stable occupancy and consistent income. Ownership has already completed a major value add: all electrical meters and hot water tank rentals are separated and paid by tenants, significantly reducing operating expenses and improving net returns. 100 AMP panels added to each unit giving you the ability to add even more value by adding heat pumps in each unit as a part of your future upgrades. An additional garage rental provides supplementary monthly income. Location drives demand just minutes from downtown Bathurst and close to shopping, services, schools, and daily amenities, making this a practical choice for long-term tenants. Low management intensity, improved expense structure, and multiple income streams make this a solid addition to any portfolio. (id:1945)
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Property details for 894 Principale Street, Beresford
- Type
- Multi-family
- Living Area
- 3,600 square feet
- Lot Size
- 10000
- Stories
- 2
- Heating
- Baseboard heaters, Electric
- Exterior
- Vinyl
- Ownership
- Freehold
- Annual Taxes
- $13,100
Nearby Listings Stat
Estimated price and comparable properties near 894 Principale Street
Active Listings
23
Min Price
$59,900
Max Price
$750,000
Avg Price
$300,413
Days on Market
64
days
Sold Listings
8
Min Sold Price
$39,900
Max Sold Price
$499,900
Avg Sold Price
$290,700
Days until Sold
90
days
Price History
Listed
February 9, 2026
by eXp Realty
Current Price
$750,000
Type
Multi-family
For Sale
