197-199 Canada Street, Fredericton, New Brunswick, E3A3Z8
Presenting a rare & exceptional turn key investment opportunity with Nashwaak River View from all 4 units plus potential development in this oversized City lot. This brick fourplex combines historic charm with modern reliability offering a truly turn-key asset in a prime location. Meticulously maintained with no deferred maintenance, this property is the definition of a stable, high-performing addition to any real estate portfolio! Extensively renovated from top-to-bottom in 2007, effectively creating a new building. All 4 units feature high ceilings. The desirable unit mix includes 2 spacious two-bedroom units and 2 versatile one-bedroom & den - perfect for accommodating professionals needing a home office. Investors will appreciate the stability provided by long-term tenants & a low turnover rate. The property generates additional income with separate coin-operated laundry facilities for each side (197 and 199). Recent major updates, including a new roof to ensure peace of mind and protect your investment for years to come. A rare find within the city. Tenants will also enjoy the use of a large backyard and private decks. Direct across from the Northside walking trail & the convenience of a city transit stop just steps from the front door. This is an unparalleled opportunity to acquire a cash-flow positive, problem-free investment property in a sought-after location. Check with your Realtor for showings instructions! All showings must have 24 hour notice. (id:2471)
eXp REALTY - Saint John
- Property Address: 197-199 Canada Street, Fredericton, New Brunswick, E3A3Z8
- Property Type: Multi-family
- Title: Freehold
- Lot Size: 2787
- Acreage: 2787 m2
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Access: Year-round access
- Structure Style: Fourplex
- Storeys: 2
- Total Finished Area: 2500 sqft
- Floor Space: 2500 sqft
- Building Age: 1900
- Basement Type: Full
- Heating Type: Electric, Baseboard heaters
- Exterior Type: Brick
- Flooring: Carpeted
- Foundation Type: Stone
- Appliances Included: Refrigerator, Stove, Washer, Dryer
- Treed
- Balcony/Deck/Patio
- Landscaped
Listing Office: RE/MAX East Coast Elite Realty
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