Located in the heart of Fredericton's vibrant downtown, this well-maintained 5-unit building, owned by the same family for over 60 years, is now available for the discerning investor. The property features 2 spacious three-bedroom units and 3 two-bedroom units, each with separate power meters, offering excellent rental potential. Upgrades include electrical panels and a natural gas boiler system, which ensure efficient heating. The building's exterior has been freshly painted, reflecting the care and attention it has received over the years. Additional amenities include 4 dedicated parking spaces and a coin-operated laundry facility, making it convenient for tenants. Its prime location is just a short walk to the Fredericton Farmers Market, downtown shops, scenic trails, parks, and more, making it a walker and cyclists paradise. With easy access to all that downtown Fredericton has to offer, this property presents a fantastic opportunity to expand your real estate portfolio. Don't miss out on this rare investment opportunity! (id:57497)
MLS® Number | NB107225 |
Property Type | Multi-family |
Neigbourhood | Sainte-Anne |
EquipmentType | None |
Features | Level Lot, Corner Site |
RentalEquipmentType | None |
Appliances | Refrigerator, Stove, Washer, Dryer |
BasementDevelopment | Partially Finished |
BasementType | Full (partially Finished) |
ExteriorFinish | Wood |
FoundationType | Stone |
HeatingFuel | Natural Gas |
HeatingType | Hot Water, Other |
StoriesTotal | 3 |
TotalFinishedArea | 4500 Sqft |
UtilityWater | Municipal Water |
AccessType | Year-round Access |
Acreage | No |
LandscapeFeatures | Landscaped |
Sewer | Municipal Sewage System |
SizeIrregular | 446 |
SizeTotal | 446 M2 |
SizeTotalText | 446 M2 |
ZoningDescription | Tp-3 |
https://www.realtor.ca/real-estate/27506187/721-george-street-fredericton
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