Space
Finished area and layout
- Living Area
- 3,076 sqft
- Above Grade
- 3,076 sqft
- Finished Breakdown
- Above 3,076 sqft
+23 more
3,076 sqft
Living Area
889 sqft
Lot
Property Snapshot
Key details for this listing
MLS #NB149830
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
About This Property
This multi-family in Fredericton offers 3,076 sqft of living area on a 889 sqft lot. The property has lot dimensions of 889. The home features hardwood and ceramic and vinyl and wood flooring, baseboard heaters, forced air, oil, electric heating.
MLS Remarks
This rental investment has it all: close to amenities, close to major, dependable employers, a family-friendly walkable neighbourhood, positive cash flow w a 7% cap rate, in a trendy upward area, with longer-term tenants and the potential for additional units. This duplex of 2 freehold townhouses in quickly growing Marysville is walking distance to parks, the trail system, workplaces, the pharmacy and other shops, churches, the baseball field and popular meet-up coffee shop The Landing. With a public transit stop right outside the door and the Hwy 8 bypass minutes away, roads take you uptown, downtown or out to the country in 15 mins. Revenue and Expense statement avail. SNB leases and security deposits in place. Tenants pay own heat, hot water and lights. The charm of the property, historic Marysville and views of the Nashwaak River combined with special features like outdoor gardening space, oodles of storage, a covered front porch and enclosed back porch attract long-term tenants who take extra care. The property is currently professionally managed and maintained by Nest PM. With the new City zoning and additional land included on the corner with 2 River, there is the potential for further development. List of improvements available. (id:60351)
Full Listing Details
Address2 & 4 River Street
MLS#NB149830
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market9
Common InterestFreehold
Annual Tax$2,960
Structure TypeDuplex
AttachedAttached
StyleMultiplex
Living Area3,076 sqft
Above Grade Area3,076 sqft
CityFredericton
ProvinceNew Brunswick
Postal CodeE3A4L6
Lot Size889 sqft
Lot Dimensions889
Lot FeaturesBalcony/Deck/Patio
HeatingBaseboard heaters, Forced air, Oil, Electric
FlooringHardwood, Ceramic, Vinyl, Wood
FoundationStone
AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer
ExteriorWood
ViewRiver view
SecuritySmoke Detectors
Water BodyNashwaak River
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$2,960
Canada Street or Hwy 8 (Marysville Bypass) to Bridge Street; Bridge Street to River Street; property is just past the corner. Property is signed.
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