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202-216 Sunset Drive Fredericton, New Brunswick E3A 1A3

Heat Pump Baseboard Heaters, Heat Pump Acreage

$3,999,000

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)

Property Details

MLS® Number NB103314
Property Type Multi-family
EquipmentType None
RentalEquipmentType None

Building

Appliances Refrigerator, Stove
CoolingType Heat Pump
ExteriorFinish Brick, Vinyl
HeatingFuel Electric
HeatingType Baseboard Heaters, Heat Pump
TotalFinishedArea 10000 Sqft
UtilityWater Municipal Water

Land

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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