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MLS® NB150165

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 1970 sqft
Garage 
Taxes $7,069
Days Active 1
Lot Size 1003 Square Meters
Approx. Age 
Avg. Price Per Sqft $355
MLS® Number NB150165

Property Address: 169 Forest Hill Rd, Fredericton, NB,

Average square foot calculated using Size range provided by listing agent.

Description

An incredible investment opportunity in a highly desirable location! Whether you're looking to expand your real estate portfolio or step into the world of income properties, this fourplex offers fantastic potential in a prime location just minutes from UNB, STU, shopping, restaurants, and everyday amenities. Featuring four self-contained units, including two spacious 2-bedroom apartments and two 1-bedroom apartments, this property offers a versatile rental mix in an area with strong rental appeal. Recent improvements include all new windows and decks, adding value and enhancing the property's appeal. Each unit comes equipped with its own refrigerator and stove, while ample parking accommodates more than five vehicles. Three of four units are currently occupied by tenants on month-to-month leases, offering immediate rental income with flexibility for future plans. The property features three electrical meters, with Apartments 1, 3 and 4 individually metered, while Apartments 2 share a meter. Zoned R3, this multi-unit property presents an exciting opportunity for investors looking to build long-term wealth through real estate. Four units. Prime location. Income potential. An investment worth exploring! (id:58753)Show Description
MLS® NumberNB150165
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementCrawl space
Driveway
Garage Spaces
HeatBaseboard heaters, Electric
A/C

Extras

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