178 Westmorland Street,Fredericton, NB E3B3L7
Fredericton, NB E3B3L7
Description
Secure your future with this exceptional investment opportunity in one of Fredericton's most desirable downtown locations. This well maintained three unit property offers immediate rental income with exceptional long term growth potential. With current rents below market value, investors have a rare opportunity to increase revenue over time while benefiting from long term appreciation in a high demand rental market. Each unit is separately metered, offering added convenience and simplified management. Located in the heart of downtown, tenants will enjoy walking distance to restaurants, cafés, shopping, entertainment, parks, schools, public transit, and Fredericton's picturesque riverfront trail system. This unbeatable location continues to attract quality tenants year after year. Whether you're building your first investment portfolio or adding another strong asset to an existing one, this is the type of property that delivers today and continues to grow in value for years to come. Prime downtown opportunities like this are increasingly difficult to find, making it a smart investment with lasting potential. (id:13843)
Details
| MLS # | NB144884 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1967 |
| Days On Site | 89 |
| Listing Provided By | REMAX East Coast Elite Realty | Maria Hanna |
Features
| SQ Feet | 2,900 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Acreage | 0.10 |
Interior
| Heating | Baseboard heaters |
|---|---|
| Appliances | Washer, Refrigerator, Stove, Dryer |
| Fireplace Yes / No | No |
Exterior
| Security Features | Smoke Detectors |
|---|---|
| Foundation Details | Stone, Block |
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 6584.39 |
|---|
Area Information
| Province | NB |
|---|---|
| City | Fredericton |
| Postal Code | E3B3L7 |
| Listing VS Median (in E3B3L7) | |
Price: $549,900 low | high Med: $549,900 sqft: 2,900 low | high Med: 2,900 $ / sqft: $190 low | high Med: $190 On site: 89 low | high Med: 89 | |
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Learn More About This Property
| Province | NB |
|---|---|
| City | Fredericton |
| Postal Code | E3B3L7 |
| Listing VS Median (in E3B3L7) | |
Price: $549,900 low | high Med: $549,900 sqft: 2,900 low | high Med: 2,900 $ / sqft: $190 low | high Med: $190 On site: 89 low | high Med: 89 | |
