New investment opportunity in the heart of downtown Fredericton! This well-maintained 4-unitincome property is ideally located within walking distance to amenities, restaurants, and the scenic trail system. Each unit has 2 bedrooms, are individually metered, feature in-unit stackable laundry, and boast updated kitchensan attractive combination for tenants and a smart, low-maintenance choice for investors. The property offers paved parking with one dedicated space/unit. At the rear of the property, youll find a 50 x 50 building that is currently used for owner storage and partially rented as a workshop space. This versatile building includes high ceilings, its own 200-amp electrical panel, and a second level (stairs not currently in place). Unique to the downtown market, this space opens the door to additional income potential or future development. Whether youre expanding your portfolio or searching for a property with strong rental appeal, this investment combines stable income, excellent location, and a rare bonus building in one package. (id:19018)
MLS® Number | NB127001 |
Property Type | Multi-family |
Neigbourhood | Rabbit Town |
Equipment Type | Water Heater |
Features | Level Lot |
Rental Equipment Type | Water Heater |
Structure | Workshop |
Appliances | Refrigerator, Stove, Washer, Dishwasher, Dryer |
Basement Type | Crawl Space |
Constructed Date | 1980 |
Exterior Finish | Brick |
Fire Protection | Smoke Detectors |
Flooring Type | Laminate, Tile |
Foundation Type | Block |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Size Interior | 3,000 Ft2 |
Total Finished Area | 3000 Sqft |
Type | Fourplex |
Utility Water | Municipal Water |
Access Type | Year-round Access |
Acreage | No |
Sewer | Municipal Sewage System |
Size Irregular | 766 |
Size Total | 766 M2 |
Size Total Text | 766 M2 |
Zoning Description | Tp-4 |
https://www.realtor.ca/real-estate/28886212/247-dundonald-street-fredericton
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