169 Forest Hill Road, Fredericton, NB E3C2E7
169 Forest Hill Road, Fredericton, NB E3C2E7
169 Forest Hill Road, Fredericton, NB E3C2E7
169 Forest Hill Road, Fredericton, NB E3C2E7
169 Forest Hill Road, Fredericton, NB E3C2E7
169 Forest Hill Road, Fredericton, NB E3C2E7
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$ 699,900
Est. payment | /mo

1,970 SqFt


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$ 699,900
Est. payment | /mo
Save

1,970 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1970

Square Footage 1,970 sqft

Price per Sqft $355

MLS® Listing ID NB150165

Lot Size 10,796 Sqft

Acres 0.2478467

Property Sub-Type Freehold

Property Description

An incredible investment opportunity in a highly desirable location! Whether you're looking to expand your real estate portfolio or step into the world of income properties, this fourplex offers fantastic potential in a prime location just minutes from UNB, STU, shopping, restaurants, and everyday amenities. Featuring four self-contained units, including two spacious 2-bedroom apartments and two 1-bedroom apartments, this property offers a versatile rental mix in an area with strong rental appeal. Recent improvements include all new windows and decks, adding value and enhancing the property's appeal. Each unit comes equipped with its own refrigerator and stove, while ample parking accommodates more than five vehicles. Three of four units are currently occupied by tenants on month-to-month leases, offering immediate rental income with flexibility for future plans. The property features three electrical meters, with Apartments 1,3 and 4 individually metered, while Apartments 2 share a meter. Zoned R3, this multi-unit property presents an exciting opportunity for investors looking to build long-term wealth through real estate. Four units. Prime location. Income potential. An investment worth exploring! (id:24570)

Location

Province NB

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters,

Flooring Laminate, Vinyl

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by REMAX East Coast Elite Realty

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