On the Scene with Sandy Lavigne


111 Forest Hill Road Fredericton, New Brunswick E3B 4K2

Baseboard Heaters Landscaped


Attention investors! Location is key to this 6-unit property! Great spot for students with walking distance to University of New Brunswick, Saint Thomas University & NBCC. Units consist of one bachelor, one 2-bedroom, and four 1-bedroom apartments. Apt#1 (bachelor) - $680, the only unit with heat & lights incl. Apt#2 (2-bedroom) - $880. Apt#3 (1-bedroom) - $725. Apt#4 (1-bedroom) - $800. Apt#5 (1-bedroom) - $695. Apt#6 (1-bedroom) - $705. Total income currently $55,020/year, with net income of $40,106.20/year. Being in a high-demand area, each unit is consistently occupied. Walking distance to grocery store, Queen Square Park, waterfront, paved walking/biking trails, and all downtown amenities. (id:42007)

Property Details

MLS® Number NB078515
Property Type Multi-family
Equipment Type None
Rental Equipment Type None


Appliances Refrigerator, Stove
Constructed Date 1975
Exterior Finish Colour Loc
Fireplace Present No
Flooring Type Laminate, Vinyl
Heating Fuel Electric
Heating Type Baseboard Heaters
Roof Material Asphalt Shingle,membrane
Roof Style Unknown,unknown
Stories Total 3
Total Finished Area 4400 Sqft
Utility Water Municipal Water


Access Type Year-round Access
Acreage No
Landscape Features Landscaped
Sewer Municipal Sewage System
Size Irregular 0.27
Size Total 0.27 Ac
Size Total Text 0.27 Ac



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