40 Ayres Street, Fredericton, New Brunswick, E3B5K7
Looking for a home that can help offset your housing costs? This versatile six-bedroom property is an excellent opportunity for homeowners and investors alike. Live on one level while generating rental income from the other, or explore its potential as an investment property. The home features three bedrooms and one bathroom on each level, with separate entrances, separate meters, and dedicated laundry facilities for added privacy and convenience. The upper level also features an energy-efficient ductless split heat pump. Recent updates to the upper level include fresh paint, a new dryer and refrigerator, updated light fixtures, replacement of window screens and deck door, new kitchen flooring, and a serviced heat pump. Lower-level improvements include renovated bathrooms, a new washer and dryer, a new microwave, fresh paint, updated flooring, and a replaced living room ceiling. Exterior improvements include refinished walkway steps and a spring house wash. Enjoy a double-car paved driveway and a spacious backyard, ideal for outdoor relaxation and entertaining. Both units were previously rented, and the upstairs unit currently generates $2,200/month, with the lease ending July 31, 2027. Whether you're looking to expand your investment portfolio or reduce your monthly housing costs while building long-term equity, this property offers flexibility and income potential. Property taxes reflect the non-owner-occupied rate. (id:2471)
eXp REALTY - Saint John
- Property Address: 40 Ayres Street, Fredericton, New Brunswick, E3B5K7
- Property Type: Single Family
- Title: Freehold
- Lot Size: 837
- Acreage: 837 m2
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Access: Year-round access, Public Road
- Amenities Nearby: Recreation Nearby
- Structure Style: House
- Style: Detached
- Storeys: 1
- Total Finished Area: 1457 sqft
- Floor Space: 1457 sqft
- Building Age: 1975
- Bedrooms: 3 + 3
- Bathrooms: 2-Total
- Heating Type: Electric, Baseboard heaters, Heat Pump
- Cooling: Heat Pump
- Exterior Type: Vinyl
- Flooring: Ceramic, Tile, Hardwood
- Foundation Type: Concrete
- Balcony/Deck/Patio
- Landscaped
| Type | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Basement | 5'7'' x 8'7'' |
| Bedroom | Basement | 8'4'' x 10'3'' |
| Bedroom | Basement | 8'4'' x 10'3'' |
| Bedroom | Basement | 12'1'' x 8'11'' |
| Kitchen | Basement | 13'8'' x 12'0'' |
| Living room | Basement | 10'5'' x 13'11'' |
| 3pc Bathroom | Main level | 9'6'' x 7'5'' |
| Bedroom | Main level | 8'9'' x 9'8'' |
| Bedroom | Main level | 9'5'' x 10'6'' |
| Primary Bedroom | Main level | 11'0'' x 13'0'' |
| Kitchen/Dining room | Main level | 12'0'' x 14'11'' |
| Living room | Main level | 11'10'' x 16'2'' |
Listing Offices: eXp Realty
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