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$ 599,900
Est. payment | /mo
2,900 SqFt
$ 599,900
Est. payment | /mo
2,900 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2900
Square Footage 2,900 sqft
Price per Sqft $206
MLS® Listing ID NB144884
Year Built 1967
Lot Size 4,413 Sqft
Acres 0.1013132
Property Sub-Type Freehold
Property Description
Secure your future with this exceptional investment opportunity in one of Fredericton's most desirable downtown locations. This well maintained three unit property offers immediate rental income with exceptional long term growth potential. With current rents below market value, investors have a rare opportunity to increase revenue over time while benefiting from long term appreciation in a high demand rental market. Each unit is separately metered, offering added convenience and simplified management. Located in the heart of downtown, tenants will enjoy walking distance to restaurants, cafés, shopping, entertainment, parks, schools, public transit, and Fredericton's picturesque riverfront trail system. This unbeatable location continues to attract quality tenants year after year. Whether you're building your first investment portfolio or adding another strong asset to an existing one, this is the type of property that delivers today and continues to grow in value for years to come. Prime downtown opportunities like this are increasingly difficult to find, making it a smart investment with lasting potential. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Flooring Laminate, Vinyl, Hardwood
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by REMAX East Coast Elite Realty