Excellent investment opportunity in a prime location on The Hill, just minutes from both universities, downtown, & major transit routes. This well-maintained up-and-down duplex offers strong rental potential and is ideal for investors or owner-occupants looking for a mortgage helper. The upper unit is currently rented at $1,200/month plus utilities and features hardwood and ceramic flooring, an open-concept living/dining area, along with patio doors to a private back deck, three spacious bedrooms, a full bath, and in-unit laundry. The lower unit is vacant and ready to rent or occupy, offering flexibility for investors or homeowners. It includes three bedrooms (or two plus an office/den), a full bath, a private entrance, and in-suite laundry. Both units are bright with large windows and well laid out for maximum comfort and rental appeal. With separate entrances, ample parking, and a desirable location close to all amenities, this property is easy to manage and attract tenants year-round. Property taxes reflect non-owner-occupied status. Whether youre expanding your portfolio or looking for a smart way to offset mortgage costs, this property checks all the boxes. (id:19018)
MLS® Number | NB120441 |
Property Type | Multi-family |
Neigbourhood | College Hill |
Equipment Type | Water Heater |
Features | Level Lot |
Rental Equipment Type | Water Heater |
Structure | Shed |
Appliances | Refrigerator, Stove |
Basement Type | Full |
Exterior Finish | Brick, Vinyl |
Flooring Type | Laminate, Wood |
Foundation Type | Concrete |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Total Finished Area | 2057 Sqft |
Type | Duplex |
Utility Water | Municipal Water |
Access Type | Year-round Access |
Acreage | No |
Landscape Features | Landscaped |
Sewer | Municipal Sewage System |
Size Irregular | 632 |
Size Total | 632 M2 |
Size Total Text | 632 M2 |
Zoning Description | R-1 |
https://www.realtor.ca/real-estate/28457095/102-montgomery-street-fredericton
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