Property Information:
Located in the heart of Fredericton's vibrant downtown, this well-maintained 5-unit building, owned by the same family for over 60 years, is now available for the discerning investor. The property features 2 spacious three-bedroom units and 3 two-bedroom units, each with separate power meters, offering excellent rental potential. Upgrades include electrical panels and a natural gas boiler system, which ensure efficient heating. The building's exterior has been freshly painted, reflecting the care and attention it has received over the years. Additional amenities include 4 dedicated parking spaces and a coin-operated laundry facility, making it convenient for tenants. Its prime location is just a short walk to the Fredericton Farmers Market, downtown shops, scenic trails, parks, and more, making it a walker and cyclists paradise. With easy access to all that downtown Fredericton has to offer, this property presents a fantastic opportunity to expand your real estate portfolio. Don't miss out on this rare investment opportunity! (id:27)
Building Features:
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Style:
Multiplex
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Basement Development:
Partially finished
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Basement Type:
Full
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Exterior Finish:
Wood
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Foundation Type:
Stone
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Total Finished Area:
4500 sqft
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Heating Type:
Other
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Heating Fuel:
Natural gas
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Appliances:
Refrigerator, Stove, Washer, Dryer