$324,900

647 Kitchen Street
Fredericton, New Brunswick E3b3z9
MLS® Number: NB136484

  • 1603 sqft sq ft

Opportunity awaits with this income property ideally located just minutes from the university. Offering multiple rental streams, this property is well-suited for investors seeking consistent cash flow in a high-demand rental area. The property features a one-bedroom basement apartment with a separate entrance, along with four individually rented bedrooms on the main level. Current lease structure includes four upstairs tenants on month-to-month agreements, providing flexibility, and a basement tenant on a fixed-term lease through the end of July 2026. The home has seen several updates over the years, including laminate and Berber flooring for durability and ease of maintenance, roof (2019), basement egress windows (2018), front windows (2022), front and back doors (2021), and basement renovation (2023). Additional features include shared laundry and an attached garage for storage. A solid addition to any investment portfolio in a desirable location close to amenities, transit, and the university. (id:34572)


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Property Summary

  • Bedrooms N/A
  • Bathrooms N/A
  • Architectural Style N/A
  • Property Type Multi-family
  • Square Footage 1603 sqft
  • Total Finished Area 1603 sqft
  • Built In 1959
  • Exterior Finish Vinyl
  • Heating Electric Baseboard heaters
  • Title N/A
  • Rental Equipment Water Heater
  • Basement Type N/A
  • Parking Type Garage
  • Features N/A
  • Flooring Carpeted, Laminate
  • Type Duplex

Land Properties

  • Lot Size 7150 sqft
  • Access Type Year-round access, Public Road
  • Water Municipal water
  • Features N/A
  • Sewer Municipal sewage system

Property Map