Turnkey income property in Fredericton South generating $3,600/month! This well-maintained two-unit property offers strong, stable cash flow and excellent functionality for investors. The building features two self-contained units, including a spacious 3-bedroom upper unit and a fully finished 2-bedroom walkout basement apartment. Each unit is equipped with its own laundry and separate meters, reducing operating complexity and supporting tenant independence. Situated on a corner lot with separate driveways for each unit, the property offers added privacy, easy access, and strong tenant appealkey factors for long-term occupancy and rental stability. Recent improvements include a ductless heat pump for efficient heating and cooling. Additional features include an attached single garage and a rooftop patio, enhancing overall value and marketability. Current rents are $2,000/month (upper unit) and $1,600/month (lower unit). Located in a desirable area close to amenities, schools, and major routes, this is a solid opportunity for investors seeking reliable income in a strong rental market. (id:55272)
| MLS® Number | NB136033 |
| Property Type | Multi-family |
| Features | Corner Site |
| Appliances | Refrigerator, Stove, Washer, Dishwasher, Dryer |
| ConstructedDate | 1967 |
| CoolingType | Heat Pump |
| ExteriorFinish | Vinyl |
| FlooringType | Ceramic, Laminate, Wood |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters, Heat Pump |
| SizeInterior | 2016 Sqft |
| TotalFinishedArea | 2016 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
| AccessType | Year-round Access, Public Road |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 739 |
| SizeTotal | 739 M2 |
| SizeTotalText | 739 M2 |
https://www.realtor.ca/real-estate/29600795/91-fairview-fredericton
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Gary Morehouse
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