$869,900

Investment For Sale In Prospect, Fredericton, New Brunswick

$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

Courtesy of: Royal LePage Atlantic

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