Investment opportunity knocks!!! Sitting on over 2.5 acres of land inside the city limit, this four-building/19-unit package also comes with excess land for developing 55 multi-residential units. The vendors have done the preliminary research for the building permits, rezoning, and architectural plans that come included with this sale package. The four buildings have seen extensive renovations in each, including kitchens, bathrooms, flooring, lighting, painting, and so much more. The property offers ample off-street parking spaces and is on a bus route close to grocery stores, banks, restaurants, and more. With a strong rental history and high demand in the area, this property presents a lucrative income-generating opportunity. Detailed financials and rental income statements are available upon request. Whether youre an experienced investor or looking to expand your portfolio, this multi-unit building offers excellent potential for long-term growth and stability in a thriving real estate market. (id:27750)
MLS® Number | NB103314 |
Property Type | Multi-family |
EquipmentType | None |
RentalEquipmentType | None |
Appliances | Refrigerator, Stove |
CoolingType | Heat Pump |
ExteriorFinish | Brick, Vinyl |
HeatingFuel | Electric |
HeatingType | Baseboard Heaters, Heat Pump |
TotalFinishedArea | 10000 Sqft |
UtilityWater | Municipal Water |
Acreage | Yes |
Sewer | Municipal Sewage System |
SizeIrregular | 2.57 |
SizeTotal | 2.57 Ac |
SizeTotalText | 2.57 Ac |
https://www.realtor.ca/real-estate/27199417/202-216-sunset-drive-fredericton
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