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169 Forest Hill Road Fredericton, New Brunswick E3C 2E7

Baseboard Heaters

$349,000

For those investors who are looking for rental properties, this is a fantastic opportunity for you! Multi-unit investment property located in a highly sought-after area, close to all amenities including UNB and STU. This fourplex has four separate units, 2X2 bedroom units, and 2X1 bedroom units. Coin-operated laundry on-site, extra income for each month. Each unit has its own fridge and stove. Ample parking for more than 5 vehicles. All units are currently rented and tenants are on a year lease. Apt1 rent $920 lease exp 2021-09-1,Apt2 rent $750 lease exp 2021-08-31, Apt3 $820(superintendent occupied) lease year to year, Apt4 rent $800 year to year. Owners are currently paying for utilities for all four units. The building has three separate meters. Separate meters for Apt1 & Apt3. Apt 2 & Apt4 share a meter. The new owner may choose to have tenants from Apt1& Apt3 pay for their own. Taxes are non-owner occupied. Zoning is R3 for this building. Rare opportunities, great location! Property is being sold ""As Is WHERE IS"" and with no Property Condition Statement. Showing appointment available Monday-Thursday 12:00-5:00 PM. (id:42007)

Property Details

MLS® Number NB051371
Property Type Multi-family
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Appliances Refrigerator, Stove, Washer, Dryer
Exterior Finish Vinyl
Fireplace Present No
Flooring Type Laminate
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Total Finished Area 1178 Sqft
Type Fourplex
Utility Water Municipal Water

Land

Access Type Year-round Access
Acreage No
Sewer Municipal Sewage System
Size Irregular 10796.2 Sq Ft
Size Total Text 10796.2 Sq Ft|under 1/2 Acre
Zoning Description R3

https://www.realtor.ca/real-estate/22574146/169-forest-hill-road-fredericton

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