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Fredericton,NB E3A3T5
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS Listing ID NB108822
Originating Board New Brunswick Real Estate Board
Year Built 2018
Lot Size 10,828 Sqft
Acres 10828.0
Property Description
Looking for a well-maintained multi-unit with a great location to add to your investment portfolio? This seven-unit ( 5 one bedroom residential units, 2 commercial units), energy-efficient mixed commercial/residential might meet all your needs. Newly constructed in 2018, this property is located in a convenient yet peaceful neighbourhood on the City's North Side. Short drive to the bridge and downtown Fredericton. Great curb appeal, and contemporary design inside and out. There are four second-level one-bedroom apartments plus one accessible ground-level apartment. The ground level also has two commercial spaces with lone-term commercial tenants. Annual rental income $115,500. All residential units are serviced by mini-splits, commercial units are serviced by heat pump. Locked building entrance for security. Paved and lined parking lot, garbage shed. This building is 100% occupied with long-term tenants, residential tenants are all retired or working professionals. Tenants pay their own power bills. All separate meters and hot water tanks for each unit. Washer and dryer hookups in each residential unit. Measurements approximate, buyers to verify the measurements themselves. This building has always been well-maintained, and management has succeeded in creating a place where residents want to call home. Don't miss out on this excellent investment opportunity! (id:24570)
Location
Province NB
Interior
Heating Baseboard heaters,Heat Pump,
Cooling Heat Pump
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold