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For sale
  • C$950,000

    23 Centennial Ave W, Rexton, NB E4W 1X4

    --beds
    --baths
    5,836sqft
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$163/sqft
    C$-- HOA

    What's special

    Functional layoutsLarge garage
    Well-maintained 9-unit apartment building with Creative Financing options and with an excellent rental history located in the heart of Rexton. This property features nine 1-bedroom units, each with its own laundry hookups separate meters and functional layouts that appeal to long-term tenants. The building also includes a large garage that could be purchased separately and ample on-site parking for tenants and guests. Several units are larger than typical 1-bedroom layouts, presenting potential for reconfiguration or the addition of extra units, offering investors a clear opportunity to increase rental income and force appreciation (subject to approvals). Located on Centennial West Avenue, the property is within walking distance to the elementary school, shops, and restaurants, and only 3–4 km from the Town of Richibucto and approximately 50 minutes to Moncton. This property offers stable income today with strong upside potential. The seller is open to discussing creative financing options, making this an attractive opportunity for investors looking to expand their portfolio with flexible acquisition possibilities.
    19 days
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    17
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    0
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    Zillow last checked: 7 hours ago

    Listing updated: March 09, 2026 at 12:53pm

    Listed by:

    Art Dadson, Salesperson 220039948,

    eXp Realty Brokerage

    Source: New Brunswick Real Estate Board,MLS®#: NB134444

      Facts & features

      Interior

      Heating
      • Baseboard, Electric
      Cooling
      • Electric
      Appliances
      • Included: Cooktop, Refrigerator
      Features
      • Flooring: Vinyl
      • Basement: Finished
      Interior area
      • Total structure area: 5,836
      • Total interior livable area: 5,836 sqft

      Property

      Parking
      • Parking features: No Garage
      Lot
      • Size: 0.5 Acres
      • Features: 0.5 -0.99 Acres
      Details
      • Parcel number: 25140641

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick / Alumn / Vinyl
      • Foundation: Concrete
      • Roof: Asphalt

      Utilities & green energy

      • Sewer: Municipal
      • Water: Drilled

      Community & HOA

      Location
      • Region: Rexton

      Financial & listing details

      • Price per square foot: C$163/sqft
      • Annual tax amount: C$10,769
      • Date on market: 3/4/2026
      • Ownership: Freehold
      • Total actual rent: 94500
      Art Dadson, Salesperson

      Art Dadson, Salesperson

      (506) 875-5951

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        Price history

        Price history

        Price history is unavailable.

        Public tax history

        Public tax history
        Tax history is unavailable.

        Climate risks

        Neighborhood: E4W

        Nearby schools

        GreatSchools rating

        No schools nearby

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