178 Westmorland Street, Fredericton, New Brunswick E3B3L7

Listing courtesy of REMAX East Coast Elite Realty.

$549,900
2,900
SqFt

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List Price
$549,900
Price Change
▼ $50,000 1788224812
MLS®
NB144884
Days on Market
56
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Living Area
2,900
Lot Size Dimensions
410
Lot Size
410

Property Description

Secure your future with this exceptional investment opportunity in one of Fredericton's most desirable downtown locations. This well maintained three unit property offers immediate rental income with exceptional long term growth potential. With current rents below market value, investors have a rare opportunity to increase revenue over time while benefiting from long term appreciation in a high demand rental market. Each unit is separately metered, offering added convenience and simplified management. Located in the heart of downtown, tenants will enjoy walking distance to restaurants, cafés, shopping, entertainment, parks, schools, public transit, and Fredericton's picturesque riverfront trail system. This unbeatable location continues to attract quality tenants year after year. Whether you're building your first investment portfolio or adding another strong asset to an existing one, this is the type of property that delivers today and continues to grow in value for years to come. Prime downtown opportunities like this are increasingly difficult to find, making it a smart investment with lasting potential. (id:5764)

Additional Information

Ownership
Freehold
Country
Canada
Flooring
Hardwood, Laminate, Vinyl
Sewer
Municipal sewage system
Heating
Baseboard heaters
Total Number Of Units
3
Stories
3
Lot Size
410

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Calculator source: Real Geeks