424 Preistman Street, Fredericton, New Brunswick, E3B 3B4

MLS® # NB098030

Investment For Sale In Prospect, Fredericton, New Brunswick

$869,900

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424 Preistman Street, Fredericton, NB - Outdoor

424 Preistman Street, Fredericton, NB - Outdoor With Exterior

424 Preistman Street, Fredericton, NB - Indoor Photo Showing Living Room

424 Preistman Street, Fredericton, NB - Indoor Photo Showing Kitchen

424 Preistman Street, Fredericton, NB - Indoor Photo Showing Other Room

424 Preistman Street, Fredericton, NB - Indoor Photo Showing Bedroom

424 Preistman Street, Fredericton, NB - Indoor

424 Preistman Street, Fredericton, NB - Indoor Photo Showing Laundry Room

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424 Preistman Street, Fredericton, New Brunswick, E3B 3B4

$869,900

Property Information:

Welcome to an exceptional investment opportunity in the center of vibrant uptown Fredericton. This modern four-unit, two-bedroom apartment building is ideally situated in a prime location, offering investors a high-return asset that is incomparable in the town. With various shopping, schools, banks, and restaurants just a short walk away, this property is perfect for those seeking the convenience of city living. The strong rental demand in the area provides steady income streams for investors. The building is only 11 years old and professionally managed, with all conditions updated regularly. Lower maintenance costs and efficient utilities make this property an excellent investment. Each unit features laundry, individual meters, natural gas-forced air heat pumps, stainless steel appliances, and a walk-in closet bedroom. The fenced yard provides approximately five parking spaces, and each resident has a storage unit beside the building. This rare opportunity to own a newer investment multi-unit property in a prime uptown location should not be missed. (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Air Conditioning: Yes
Exterior Finish: Vinyl
Fire Protection: Smoke Detectors, Alarm system
Flooring Type: Laminate
Foundation Type: Concrete Slab
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Forced air, Heat Pump
Heating Fuel: Natural gas
Cooling Type: Air Conditioned, Heat Pump
Appliances: Refrigerator, Microwave, Stove, Washer, Dishwasher, Dryer

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Access Type: Year-round access
Built in: 2013
Landscape Features: Landscaped
Lot Size: 762.00 Square Metres
Sewer: Municipal sewage system

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Notes:

Kathy Feng

Sales Representative Royal LePage Atlantic *

Mobile:506.457.8159

View All of Kathy's Listings

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Market Price Trends

Location of 424 Preistman Street, Fredericton, New Brunswick, E3B 3B4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

28 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

28 hot days expected in 2050

40/100

High

ClimateCheck®

Current data

This property, 424 Preistman Street , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 33.5 degrees Celsius.

Projected Avg. Temperature

Past

30.3℃

2050

33.5℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

72/100

ClimateCheck®

Current data

This property, 424 Preistman Street , experiences 11 significant 2-day storms per year, with about 380.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 499.3mm of precipitation per year.

Precipitation Per Storm

Past

380.9mm

2050

499.3mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 424 Preistman Street, Fredericton, New Brunswick, E3B 3B4

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$87,315.71

Average Number of Children

1.96

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.16 %

High school certificate or equivalent

31.89 %

Apprenticeship trade certificate/diploma

2.88 %

College/non-university certificate

14.28 %

University certificate (below bachelor)

2.09 %

University Degree

40.69 %

Commuter

Travel To Work

By Car

74.38 %

By Public Transit

4.33 %

By Walking

20.54 %

By Bicycle

0.0 %

By Other Methods

0.75 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

81.34 %

Houses

18.66 %

Own Vs. Rent

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424 Preistman Street, Fredericton, New Brunswick, E3B 3B4 $869,900 MLS® # NB098030

Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 424 Preistman Street, Fredericton, New Brunswick, E3B 3B4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 424 Preistman Street, Fredericton, New Brunswick, E3B 3B4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

424 Preistman Street, Fredericton, New Brunswick, E3B 3B4

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