40 Ayres Street

Fredericton, New Brunswick, E3B5K7

House
6 bedrooms
2 bathrooms
1,457 sq ft

Listing brokerage: eXp Realty · Co-listing brokerage: eXp Realty

Listing REALTOR®: Rani Saggere Sharma, Salesperson · Rajat Sharma

MLS® number: NB149690

Data provided by: New Brunswick

View this listing on REALTOR.ca

About this property

Looking for a home that can help offset your housing costs? This versatile six-bedroom property is an excellent opportunity for homeowners and investors alike. Live on one level while generating rental income from the other, or explore its potential as an investment property. The home features three bedrooms and one bathroom on each level, with separate entrances, separate meters, and dedicated laundry facilities for added privacy and convenience. The upper level also features an energy-efficient ductless split heat pump. Recent updates to the upper level include fresh paint, a new dryer and refrigerator, updated light fixtures, replacement of window screens and deck door, new kitchen flooring, and a serviced heat pump. Lower-level improvements include renovated bathrooms, a new washer and dryer, a new microwave, fresh paint, updated flooring, and a replaced living room ceiling. Exterior improvements include refinished walkway steps and a spring house wash. Enjoy a double-car paved driveway and a spacious backyard, ideal for outdoor relaxation and entertaining. Both units were previously rented, and the upstairs unit currently generates $2,200/month, with the lease ending July 31, 2027. Whether you're looking to expand your investment portfolio or reduce your monthly housing costs while building long-term equity, this property offers flexibility and income potential. Property taxes reflect the non-owner-occupied rate. (id:67706)

Details

Property type: House
Building type: House
Style: Split entry bungalow, 2 Level
Ownership: Freehold
Living area: 1,457 sq ft
Lot size: 837
Year built: 1975
Heating: Heat Pump, Baseboard heaters, Electric
Cooling: Heat Pump
Foundation: Concrete
Exterior: Vinyl
Flooring: Tile, Hardwood, Ceramic
Water: Municipal water
Sewer: Municipal sewage system
Annual taxes: $6,751
MLS® number: NB149690

Rooms

Room	Level	Dimensions
3pc Bathroom	Basement	8'7'' x 5'7''
Bedroom	Basement	10'3'' x 8'4''
Bedroom	Basement	10'3'' x 8'4''
Bedroom	Basement	8'11'' x 12'1''
Kitchen	Basement	12'0'' x 13'8''
Living room	Basement	13'11'' x 10'5''
3pc Bathroom	Main level	7'5'' x 9'6''
Bedroom	Main level	9'8'' x 8'9''
Bedroom	Main level	10'6'' x 9'5''
Primary Bedroom	Main level	13'0'' x 11'0''
Kitchen/Dining room	Main level	14'11'' x 12'0''
Living room	Main level	16'2'' x 11'10''

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