2,016 ft2
Heat Pump
Baseboard Heaters, Heat Pump
$519,900
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:35613)
Property Details
|
MLS® Number
|
NB136033 |
|
Property Type
|
Multi-family |
|
Features
|
Corner Site |
Building
|
Appliances
|
Refrigerator, Stove, Washer, Dishwasher, Dryer |
|
Constructed Date
|
1967 |
|
Cooling Type
|
Heat Pump |
|
Exterior Finish
|
Vinyl |
|
Flooring Type
|
Ceramic, Laminate, Wood |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Baseboard Heaters, Heat Pump |
|
Size Interior
|
2,016 Ft2 |
|
Total Finished Area
|
2016 Sqft |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Year-round Access, Public Road |
|
Acreage
|
No |
|
Sewer
|
Municipal Sewage System |
|
Size Irregular
|
739 |
|
Size Total
|
739 M2 |
|
Size Total Text
|
739 M2 |
https://www.realtor.ca/real-estate/29600795/91-fairview-fredericton