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. Contact us today for more information or to schedule a viewing. (id:53560)
MLS® Number | NB108307 |
Property Type | Multi-family |
Neigbourhood | Garrison District |
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 |
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
(506) 455-1980
www.therightchoicerealty.ca/
(506) 455-1980
www.therightchoicerealty.ca/
Contact us for more information