+36 more
5
Bedrooms
2
Bathrooms
1,603 sqft
Living Area
7,150 sqft
Lot
1959
Year Built
About This Property
This 5-bedroom, 2-bathroom multi-family in Fredericton offers 1,603 sqft of living area on a 7,150 sqft lot. Built in 1959, 1 storey. The property has lot dimensions of 7150. The home features laminate and carpeted flooring, baseboard heaters, electric heating.
MLS Remarks
Opportunity awaits with this income property ideally located just minutes from the university. Offering multiple rental streams, this property is well-suited for investors seeking consistent cash flow in a high-demand rental area. The property features a one-bedroom basement apartment with a separate entrance, along with four individually rented bedrooms on the main level. Current lease structure includes four upstairs tenants on month-to-month agreements, providing flexibility, and a basement tenant on a fixed-term lease through the end of July 2026. The home has seen several updates over the years, including laminate and Berber flooring for durability and ease of maintenance, roof (2019), basement egress windows (2018), front windows (2022), front and back doors (2021), and basement renovation (2023). Additional features include shared laundry and an attached garage for storage. A solid addition to any investment portfolio in a desirable location close to amenities, transit, and the university. (id:60351)
Overview
Property Typeresidential
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