$450,000
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10535 Principale Street, Saint-Louis-De-Kent, NB E4X1E7

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- Beds
0 Baths
1,632 Sq Ft

ATTENTION INVESTORS... 11% Cap Rate... Turnkey multi-unit opportunity in the center of Saint-Louis-de-Kent. This property features 5 fully occupied rental units consisting of 2 2-bedroom units and 3 1-bedroom units, delivering immediate, stable income. The three lower units are newly constructed, reducing near-term capital expenditure and increasing long-term durability. Two of these units operate under a government housing contract, providing guaranteed rent, which strengthens cash flow reliability and lowers vacancy risk. Located directly on Rue Principale, tenants benefit from walkable access to grocery and hardware stores, making this a highly practical rental location. Lifestyle convenience adds to tenant retention: 2 minutes to Tim Hortons and only 5 minutes to the beach. This is a rare chance to acquire a stabilized asset in a tight local rental market with a blend of new construction, government-backed income, and strong unit mix. Ideal for investors seeking dependable returns in a growing coastal community. (id:58753)

Listing By: Art Dadson - eXp Realty cncrea2 Realty.com
  • MLS® NB132893
  • Date Listed01/30/2026
  • Days on Realty 128 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 8,988 sq. ft
  • Sewer Public Sewer
  • Property Type Other
  • Year Built 1976
  • Water Well
  • Square Feet 1,632 sq. ft
  • Price Per Sq. Ft $275.74

Interior Features

  • Appliances Refrigerator, Stove
  • Flooring Laminate, Vinyl
  • Cooling Heat Pump
  • Heating Heat Pump, Baseboard heaters, Electric

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 8,987.86
  • Lot Features -

Directions

Main Street, St. Louis-de-Kent

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for E4X1E7

Discover key demographics, population statistics, and environmental insights for the Saint-Louis-De-Kent, NB area.

Walkability in NB / E4X1E7

Source: Walk Score

38/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

41/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 3/100, Transit Score: 0/100, Bike Score: 22/100.

Points of Interest near 10535 Principale Street, Saint Louis De Kent, NB E4X1E7

Frequently Asked Questions for 10535 Principale Street

Source: Realty.com

10535 Principale Street, Saint Louis De Kent, NB E4X1E7 in Saint-Louis-De-Kent, NB E4X1E7 is a other listed at $450,000. Highlights include 1,632 sq. ft., built in 1976, $276 per sq. ft.. Realty.ca has 46 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 46 photos of 10535 Principale Street.

Our records indicate that 10535 Principale Street was built in 1976.

The full address for this home is 10535 Principale Street, Saint Louis De Kent, NB E4X1E7.

10535 Principale Street has been listed on Realty.com since Fri January 30, 2026

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 3/100, Transit Score: 0/100, Bike Score: 22/100.

Listing provided courtesy of: eXp Realty
Listing agent: Art Dadson

This content last refreshed on 2026-06-07 11:31:17. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.