$494,800
2 & 4 River Street
Fredericton, New Brunswick, E3A4L6
- Multi-family
- 3,076 sq ft
Listing brokerage: Keller Williams Capital Realty
Listing REALTOR®: Alissa Lee, Salesperson
MLS® number: NB149830
Data provided by: New Brunswick
About this property
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:67706)
Details
- Property type
- Multi-family
- Building type
- Duplex
- Ownership
- Freehold
- Units
- 2
- Living area
- 3,076 sq ft
- Lot size
- 889
- Heating
- Baseboard heaters, Forced air, Oil, Electric
- Foundation
- Stone
- Exterior
- Wood
- Flooring
- Hardwood, Ceramic, Vinyl, Wood
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer
- Water
- Municipal water
- Sewer
- Municipal sewage system
- View
- River view
- Annual taxes
- $2,960
- MLS® number
- NB149830
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