$519,900

91 Fairview
Fredericton, New Brunswick E3c1k3
MLS® Number: NB136033

  • 2016 sqft sq ft

Turnkey income property in Fredericton South generating $3,600/month! This well-maintained two-unit property offers strong, stable cash flow and excellent functionality for investors. The building features two self-contained units, including a spacious 3-bedroom upper unit and a fully finished 2-bedroom walkout basement apartment. Each unit is equipped with its own laundry and separate meters, reducing operating complexity and supporting tenant independence. Situated on a corner lot with separate driveways for each unit, the property offers added privacy, easy access, and strong tenant appealkey factors for long-term occupancy and rental stability. Recent improvements include a ductless heat pump for efficient heating and cooling. Additional features include an attached single garage and a rooftop patio, enhancing overall value and marketability. Current rents are $2,000/month (upper unit) and $1,600/month (lower unit). Located in a desirable area close to amenities, schools, and major routes, this is a solid opportunity for investors seeking reliable income in a strong rental market. (id:34572)


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Property Summary

  • Bedrooms N/A
  • Bathrooms N/A
  • Architectural Style N/A
  • Property Type Multi-family
  • Square Footage 2016 sqft
  • Total Finished Area 2016 sqft
  • Built In 1967
  • Exterior Finish Vinyl
  • Heating Electric Baseboard heaters, Heat Pump
  • Title N/A
  • Rental Equipment N/A
  • Basement Type N/A
  • Parking Type Garage
  • Features N/A
  • Flooring Ceramic, Laminate, Wood
  • Type Duplex

Land Properties

  • Lot Size 739 m2
  • Access Type Year-round access, Public Road
  • Water Municipal water
  • Features N/A
  • Sewer Municipal sewage system

Property Map