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197-199 Canada Street
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197-199 Canada Street $769,900
$769,900
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197-199 Canada Street
Fredericton, New Brunswick E3A3Z8

MLS® Number: NB125924

Listing Description

Presenting a rare & exceptional turn key investment opportunity with Nashwaak River View from all 4 units plus potential development in this oversized City lot. This brick fourplex combines historic charm with modern reliability offering a truly turn-key asset in a prime location. Meticulously maintained with no deferred maintenance, this property is the definition of a stable, high-performing addition to any real estate portfolio! Extensively renovated from top-to-bottom in 2007, effectively creating a new building. All 4 units feature high ceilings. The desirable unit mix includes 2 spacious two-bedroom units and 2 versatile one-bedroom & den - perfect for accommodating professionals needing a home office. Investors will appreciate the stability provided by long-term tenants & a low turnover rate. The property generates additional income with separate coin-operated laundry facilities for each side (197 and 199). Recent major updates, including a new roof to ensure peace of mind and protect your investment for years to come. A rare find within the city. Tenants will also enjoy the use of a large backyard and private decks. Direct across from the Northside walking trail & the convenience of a city transit stop just steps from the front door. This is an unparalleled opportunity to acquire a cash-flow positive, problem-free investment property in a sought-after location. Check with your Realtor for showings instructions! All showings must have 24 hour notice. (28930223)

Location Description

Canada Street-Sign is posted.

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Title
Freehold
Land Size
2787 m2
Built in
1900
Annual Property Taxes
$5,198.51
Time on REALTOR.ca
103 days

Building

Interior Features
Appliances Included
Refrigerator, Stove, Washer, Dryer
Flooring
Carpeted
Basement Type
Full
Building Features
Features
Treed, Balcony/Deck/Patio
Foundation Type
Stone
Fire Protection
Smoke Detectors
Total Units
4
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick

Measurements

Square Footage
2500 sqft
Total Finished Area
2500 sqft

Land

Lot Features
Landscape Features
Landscaped
Other Property Information
Access
Year-round access, Public Road
Data provided by: New Brunswick REALTORS®
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506-461-0264
506-452-1590
REALTOR® Website
Email
REMAX East Coast Elite Realty
283 St. Mary's Street
Fredericton, New Brunswick E3A2S5
506-452-9888
Office Website

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