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582 Charlotte Street, Fredericton, New Brunswick, E3B 1M2
MLS® # NB069111
Investment For Sale In Platt, Fredericton, New Brunswick
$599,900
582 Charlotte Street, Fredericton, NB - Outdoor
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582 Charlotte Street, Fredericton, New Brunswick, E3B 1M2
$599,900

Property Information:

Income property in prime downtown location. Just steps away from the laundromat/convenience store and within walking distance to the grocery store and liquor store. On the bus route and short walk to downtown and the River. All 6 units have one year leases. Natural gas provides on demand hot water. Uni t #5 has a ductless split and the other units have electric baseboard heat and forced air heating. Unit #5 also has a washer & dryer. This property has seen many upgrades over the years and the operating expenses are quite stable. no need to worry about finding tenants with this location. Please note that due to rented units, Total SQFT Finished Space is not available. Please contact listing salesperson to set up viewings. All units have been given notice of rental increases that take effect July 1, 2022. New rents will be as follows: #1- $750.00 #2- $800.00 #3- $750.00 #4 - $750 #5 - $1,700.00 #6 - $1,400.00. This adds an additional $375.00 per month in revenue that has been reflected in the revenue section. Snow and Garbage expense is actually snow and lawn. Other expense refers to natural gas expense. Heat and lights included in the rents. Vendor is currently going through the re-zoning process. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding, Metal
  • Flooring Type: Laminate, Wood
  • Foundation Type: Concrete
  • Roof Material: Metal
  • Roof Style: Unknown
  • Heating Fuel: Electric
  • Appliances: Refrigerator, Stove, Washer, Dryer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Year-round access
  • Features: Level lot
  • Lot Size: 390.00 Square Metres
  • Zoning: TP-3
  • Sewer: Municipal sewage system

Courtesy of: Noreen Barwise Realty Ltd.

REALTOR.ca 

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Location of 582 Charlotte Street, Fredericton, New Brunswick, E3B 1M2

Demographic Information of 582 Charlotte Street, Fredericton, New Brunswick, E3B 1M2

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$92,299.72

Average Number of Children

0.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.93 %

High school certificate or equivalent

21.63 %

Apprenticeship trade certificate/diploma

1.95 %

College/non-university certificate

10.99 %

University Degree

52.46 %

Commuter

Travel To Work

By Car

50.27 %

By Public Transit

0.2 %

By Walking

36.68 %

By Bicycle

0.0 %

By Other Methods

12.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

72.69 %

Houses

27.3 %

Own Vs. Rent