Space
Finished area and layout
- Living Area
- 1,061 sqft
- Above Grade
- 1,061 sqft
- Finished Breakdown
- Above 1,061 sqft
+23 more
1,061 sqft
Living Area
243 sqft
Lot
1938
Year Built
Property Snapshot
Key details for this listing
MLS #NB143986
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Year Built
About This Property
This multi-family in Fredericton offers 1,061 sqft of living area on a 243 sqft lot. Built in 1938. The property has lot dimensions of 243. The home features laminate flooring, baseboard heaters, electric heating.
MLS Remarks
An outstanding opportunity to start or expand your investment portfolio in one of Fredericton's most desirable downtown locations. This two-unit property offers excellent income potential with room for future growth, as current rents are below market value. The property features a spacious main level two-bedroom unit currently rented for $1150 per month plus heat and lights, along with a one-bedroom upper-level unit currently rented for $775 per month plus heat and lights. Leases in effect until September 2027. Each unit is separately metered, providing added convenience for both owners and tenants. Shared laundry facilities on main level. The unbeatable downtown location is one of this property's greatest assets. Walk to restaurants, cafés, shopping, parks, entertainment venues, schools, and the scenic riverfront trail system. Public transit is also nearby, an added convenience. Whether you are purchasing your first income property or adding to an established portfolio, this is a smart investment in a highly sought after area where demand for rental housing remains strong. (id:60351)
Full Listing Details
Address390 Northumberland Street
MLS#NB143986
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market103
Common InterestFreehold
Annual Tax$4,598
Structure TypeDuplex
AttachedAttached
StyleMultiplex
Year Built1938
Living Area1,061 sqft
Above Grade Area1,061 sqft
CityFredericton
ProvinceNew Brunswick
Postal CodeE3B3K1
Lot Size243 sqft
Lot Dimensions243
Lot FeaturesLevel lot, Balcony/Deck/Patio
Zoning DetailsTP-2
HeatingBaseboard heaters, Electric
FlooringLaminate
FoundationStone
AppliancesWasher, Refrigerator, Stove, Dryer
ExteriorVinyl
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$4,598
Westmorland Street or Smythe Street to Argyle Street to Northumberland Street
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
