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Investment signal

$249,500

134 Main Street

Beds

0

Baths

Sqft

Year

About this home

Prime investment opportunity in the heart of Rexton! Ideally located on Main Street, this 2,432 sq. ft. property offers exceptional visibility and steady foot traffic in a high-demand area. Perfectly positioned along the scenic Richibucto River and right next to the bridge, the property boasts amazing water views that enhance its appeal for a variety of potential uses. Surrounded by established local businesses and amenities, and situated next to the Irving, this location ensures consistent exposure and accessibility. Whether youre looking to establish, expand, or invest, the possibilities here are endless. A floor plan and 3D walkthrough tour are available, allowing you to fully explore the space and envision your next venture. Dont miss the chance to bring your vision to life in one of Rextons most prominent locations! (id:65958)

Subtype
Other
Lot size
0.44 acres
MLS#
NB137269
Area
REXTON
Negative cash flow ~$401/mo at these assumptions

Cash on cash

-9.64%

Cap rate

3.96%

GRM

14.9

Break-even rent

$1,822

Financing

Down payment$49,900
Loan amount$199,600
Mortgage$1,225/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$114
Insurance$80
Maintenance$208
CapEx reserve$104
Vacancy loss$70

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,225/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.

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