$869,900

424 Preistman Street
Fredericton, New Brunswick E3b3b4
MLS® Number: NB098030

Welcome to an exceptional investment opportunity in the center of vibrant uptown Fredericton. This modern four-unit, two-bedroom apartment building is ideally situated in a prime location, offering investors a high-return asset that is incomparable in the town. With various shopping, schools, banks, and restaurants just a short walk away, this property is perfect for those seeking the convenience of city living. The strong rental demand in the area provides steady income streams for investors. The building is only 11 years old and professionally managed, with all conditions updated regularly. Lower maintenance costs and efficient utilities make this property an excellent investment. Each unit features laundry, individual meters, natural gas-forced air heat pumps, stainless steel appliances, and a walk-in closet bedroom. The fenced yard provides approximately five parking spaces, and each resident has a storage unit beside the building. This rare opportunity to own a newer investment multi-unit property in a prime uptown location should not be missed. (id:34572)


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Property Summary

  • Bedrooms N/A
  • Bathrooms N/A
  • Architectural Style N/A
  • Property Type Multi-family
  • Square Footage N/A
  • Total Finished Area N/A
  • Built In 2013
  • Exterior Finish Vinyl
  • Heating Natural gas Forced air, Heat Pump, Hot Water
  • Title N/A
  • Rental Equipment None
  • Basement Type N/A
  • Parking Type Garage
  • Features N/A
  • Flooring Laminate
  • Type Fourplex

Land Properties

  • Lot Size 762 m2
  • Access Type Year-round access
  • Water Municipal water
  • Features Landscaped
  • Sewer Municipal sewage system

Property Map