202-216 Sunset Drive

202-216 Sunset Drive, Fredericton NB

Listed for $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 you’re 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.


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Property Outline

Buildings

Aerial

Property Details

MLS® NumberNB103314
Property TypeMulti-family
Equipment TypeNone
Rental Equipment TypeNone

Building

AppliancesRefrigerator, Stove
Cooling TypeHeat Pump
Exterior FinishBrick, Vinyl
Heating FuelElectric
Heating TypeBaseboard Heaters, Heat Pump
Total Finished Area10000 Sqft
Utility WaterMunicipal Water

Land

AcreageYes
SewerMunicipal Sewage System
Size Irregular2.57

At our real estate brokerage in Fredericton, New Brunswick, Canada, our team of experienced and knowledgeable REALTORS® is dedicated to helping our clients find the perfect property to call home. We specialize in homes for sale in Fredericton and can assist you in finding the right property at the right price.

Fredericton offers a unique blend of natural beauty, cultural attractions, and a strong sense of community, making it a desirable place to live. From charming heritage homes to modern condos and spacious family houses, there’s a wide range of properties available to suit different lifestyles and budgets.

For buyers, we provide comprehensive assistance throughout the entire home-buying process. We’ll guide you through the initial property search, schedule viewings, and offer valuable insights into the local neighbourhoods, schools, amenities, and market trends. Our team has access to an extensive network of industry professionals, including mortgage brokers, home inspectors, and lawyers, ensuring that you have a seamless experience from start to finish.

Sellers can rely on our expertise and innovative marketing strategies to attract qualified buyers and achieve the best possible price for their homes. We understand the importance of effective marketing in today’s competitive real estate market. Our team will create a tailored marketing plan that highlights the unique features and selling points of your property. From professional photography and virtual tours to online and offline advertising, we’ll make sure your listing gets maximum exposure to potential buyers.

Pricing your home correctly is crucial, and our team has a deep understanding of the local market conditions and trends. We’ll provide you with a comprehensive market analysis, taking into account factors such as recent sales, comparable properties, and current demand. Our goal is to help you set the right price that attracts buyers while maximizing your return on investment.

Whether you are looking to buy or sell in Fredericton, our goal is to make your real estate experience as smooth and stress-free as possible, so contact us today and let us help you achieve your real estate goals. There is a reason we were voted #1 Real Estate Agent by Community Votes Fredericton in 2022

Listed with Dave Watt of The Right Choice Realty
MLS® #: NB103314

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