77 Cliffe Street Fredericton, New Brunswick E3A 2S9

$599,900

A rare investment opportunity awaits! These two adjacent multi-unit properties offer a total of ten rental units, making them an ideal addition to any investors portfolio. 77 Cliffe Street features five units, including three two-bedroom apartments and two one-bedroom apartments. 79-81 Cliffe Street consists of five units as well, comprising two bachelor apartments, two one-bedroom apartments, and a spacious two-bedroom unit on the top floor. Both properties have undergone various upgrades in recent years, with improvements made to multiple units. Additionally, new roof shingles were installed on 79-81 Cliffe Street in 2023. Financial statements are available upon request with a signed NDA. Please note that while these properties are being sold individually, they can be purchased together as a package. Showings are available by appointment only and are scheduled for designated times on Tuesdays and Fridays to accommodate tenants. both properties full under COR-1 (COMMERCIAL CORRIDOR ZONE ONE) which has over 57 permitted and conditional uses for future development. (id:53560)

Property Details

MLS® Number	NB113256
Property Type	Multi-family
Neigbourhood	Cliffe Crossing
Equipment Type	Water Heater
Features	Level Lot
Rental Equipment Type	Water Heater
Structure	Shed

Building

Appliances	Refrigerator, Stove
Exterior Finish	Other, Vinyl, Wood
Flooring Type	Carpeted, Laminate
Foundation Type	Block, Concrete, Stone
Heating Fuel	Electric
Heating Type	Baseboard Heaters, Hot Water
Stories Total	2
Total Finished Area	3500 Sqft
Utility Water	Municipal Water

Land

Access Type	Year-round Access
Acreage	No
Sewer	Municipal Sewage System
Size Irregular	353
Size Total	353 M2
Size Total Text	353 M2
Zoning Description	Cor-1

https://www.realtor.ca/real-estate/27972474/77-cliffe-street-fredericton