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$ 1,599,900
Est. payment | /mo
0.27 Acres Lot
$ 1,599,900
Est. payment | /mo
0.27 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB110283
Originating Board New Brunswick Real Estate Board
Year Built 1992
Lot Size 0.265 Acres
Acres 11549.676
Property Description
Exceptional Investment Opportunity in Frederictons Downtown. Offered to the market for the first time, this meticulously maintained eight-unit apartment building is a rare find. Designed by the renowned Carl Smyth, the property exudes quality & attention to detail, providing everything tenants desire in a well-appointed & professionally maintained residence. Each of the eight units features two bedrooms, one bathroom, & over 900+/- square feet of thoughtfully designed living space. Six of the units boast covered balconies, offering outdoor space for tenants to enjoy. All units include dedicated storage areas located on the lower level, along with convenient access to shared laundry facilities. The property has undergone numerous upgrades over the years, including enhancements to the parking lot, retaining wall, exterior paint, & entrance systems. These updates ensure the building is truly turnkey and positioned for long-term success. Additional highlights include 10 standard parking spaces & 4 covered spaces, providing ample parking options for tenants. The buildings prime downtown location puts shopping, grocery stores, schools, parks, trails, & the citys vibrant amenities all within walking distance. Whether youre expanding your portfolio or looking for a reliable, income-generating property to start your real estate investment journey, this exceptional apartment building is not to be missed. This opportunity doesn't present itself often, so don't miss your chance! (id:24570)
Location
Province NB
Interior
Heating Baseboard heaters, See remarks,
Flooring Carpeted, Ceramic
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Lot Description Landscaped
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Keller Williams Capital Realty