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$ 349,900
Est. payment | /mo
1,061 SqFt
$ 349,900
Est. payment | /mo
1,061 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1061
Square Footage 1,061 sqft
Price per Sqft $329
MLS® Listing ID NB143986
Year Built 1938
Lot Size 2,615 Sqft
Acres 0.060046606
Property Sub-Type Freehold
Property Description
An outstanding opportunity to start or expand your investment portfolio in one of Fredericton's most desirable downtown locations. This two-unit property offers excellent income potential with room for future growth, as current rents are below market value. The property features a spacious main level two-bedroom unit currently rented for $1150 per month plus heat and lights, along with a one-bedroom upper-level unit currently rented for $775 per month plus heat and lights. Leases in effect until September 2027. Each unit is separately metered, providing added convenience for both owners and tenants. Shared laundry facilities on main level. The unbeatable downtown location is one of this property's greatest assets. Walk to restaurants, cafés, shopping, parks, entertainment venues, schools, and the scenic riverfront trail system. Public transit is also nearby, an added convenience. Whether you are purchasing your first income property or adding to an established portfolio, this is a smart investment in a highly sought after area where demand for rental housing remains strong. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Laminate
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Lot Description Landscaped
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Keller Williams Capital Realty