568 Brunswick Street Fredericton, New Brunswick E3B 1H5
$759,900
Investment Goldmine in the heart of the city: Your Gateway to Rental Income Awaits! Welcome to an exceptional investment opportunity in the heart of downtown! This 5-plex residential building, built around 1975, offers the perfect blend of location, income potential, and versatility. Situated in a vibrant neighborhood with easy access to shopping, dining, entertainment, and public transportation, you can enjoy the convenience of urban living right outside your door. The building features a total of 5 units - one spacious 5-bedroom unit and four 1-bedroom units - each designed to maximize space and comfort. With a strong rental history, the current rental income is an impressive $6,920/month, making this property a lucrative investment. Each unit boasts modern finishes, vinyl and laminate flooring, and large windows that fill the space with natural light. The 5-bedroom unit is ideal for families or groups, while the 1-bedroom units cater to young professionals and couples. Sitting on a generous 534 sq. meters, this property provides ample space for tenants and potential outdoor areas. Located in a rapidly developing area, this property not only offers solid returns today but also has great potential for appreciation in the future. Don't miss your chance to own a prime piece of real estate in one of the city's most desirable locations. (id:55272)
Property Details
| MLS® Number | NB108307 |
| Property Type | Multi-family |
Building
| Appliances | Refrigerator, Stove, Washer, Dryer |
| ConstructedDate | 1975 |
| ExteriorFinish | Vinyl |
| FlooringType | Ceramic, Laminate |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 3 |
| TotalFinishedArea | 3500 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 534 |
| SizeTotal | 534 M2 |
| SizeTotalText | 534 M2 |
| ZoningDescription | Cc |
https://www.realtor.ca/real-estate/27612436/568-brunswick-street-fredericton
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Rani Saggere Sharma
Salesperson
2b-288 Union Street
Fredericton, New Brunswick E3A 1E5
Rajat Sharma
Salesperson
2b-288 Union Street
Fredericton, New Brunswick E3A 1E5
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November 18 2024 07:56:53
Saint John Real Estate Board Inc
The Right Choice Realty