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202-206-208-210-212-216 Sunset Drive Fredericton, New Brunswick E3A 1A5

Heat Pump Baseboard Heaters, Heat Pump Acreage

$1,980,000

Fantastic Investment Opportunity!! Expand you portfolio with this 19 unit that offers so many possibilities. Property consists of 4 PIDS. The largest PID, zoned MR-2, consists of 2 purpose built buildings with 6 units in each building. 5 2-Bedroom units and 1 1-Bedroom unit. These 2 buildings have had many upgrades over the years including flooring, bathrooms, paint, siding, roof shingles and recently added ductless HEAT PUMPS in each unit. There is also a 4 unit building that has also seen many upgrades including roof shingles, exterior stairs, flooring and paint. The other 3 PIDS are zoned R2 and include a 3 unit building that has seen upgrades that include metal roof, siding, windows, flooring and more. There is a small section that houses a maintenance shed and 9 metal storage sheds that are used to store sand/salt and others are rented to tenants. There is a vacant lot behind the white 4 unit for possible future development. There is also opportunity for a new owner to add another 33 units to the MR-2 property behind the 2 purpose built buildings (current owner had plans that just need city approval). Property is on the bus route with stop at the driveway. Quick access to grocery store, banks and restaurants. Lots of paved parking for tenants. (id:42007)

Property Details

MLS® Number NB063084
Property Type Multi-family
Equipment Type None
Rental Equipment Type None

Building

Appliances Refrigerator, Stove, Washer, Dryer
Constructed Date 1978
Cooling Type Heat Pump
Exterior Finish Brick, Vinyl
Fireplace Present No
Heating Fuel Electric
Heating Type Baseboard Heaters, Heat Pump
Total Finished Area 10000 Sqft
Utility Water Municipal Water

Land

Acreage Yes
Sewer Municipal Sewage System
Size Irregular 2.55
Size Total 2.55 Ac
Size Total Text 2.55 Ac
Zoning Description Mr2 And R2

https://www.realtor.ca/real-estate/23604725/202-206-208-210-212-216-sunset-drive-fredericton

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