197-199 Canada Street, Fredericton, New Brunswick E3A 3Z8

Listed for:
$769,900
0 beds
0 baths
Listed 77 days ago
Fourplex for rent: 197-199 Canada Street, Fredericton, New Brunswick E3A 3Z8

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Learn more about this property
Listing provided by:
REMAX East Coast Elite Realty
MLS® number:
NB125924
Agent:
Lisa Macintosh
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About

Canada Street-Sign is posted. 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:27476)

Property Highlights

MLS® Number
NB125924
Type
Multi-family
Ownership Type
Freehold
Land Size
2787 m2

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
2500 sqft
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location