111 Forest Hill Road Fredericton, New Brunswick E3B 4K2
$599,900
Attention investors! Location is key to this 6-unit property! Great spot for students, within walking distance to University of New Brunswick, Saint Thomas University & NBCC. Units consist of one bachelor, one 2-bedroom, and four 1-bedroom apartments. Apt#1 (bachelor) - $680, the only unit with heat & lights incl. Apt#2 (2-bedroom) - $880. Apt#3 (1-bedroom) - $725. Apt#4 (1-bedroom) - $800. Apt#5 (1-bedroom) - $695. Apt#6 (1-bedroom) - $705. Total income currently $55,020/year, with net income of $42,204.04/year. Being in a high-demand area, each unit is consistently occupied. Walking distance to grocery store, Queen Square Park, waterfront, paved walking/biking trails, and all downtown amenities. (id:50541)
Property Details
| MLS® Number | NB086635 |
| Property Type | Multi-family |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Appliances | Refrigerator, Stove |
| Constructed Date | 1975 |
| Exterior Finish | Colour Loc |
| Flooring Type | Laminate, Vinyl |
| Foundation Type | Block, Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Roof Material | Asphalt Shingle,membrane |
| Roof Style | Unknown,unknown |
| Stories Total | 3 |
| Total Finished Area | 4400 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.27 |
| Size Total | 0.27 Ac |
| Size Total Text | 0.27 Ac |
https://www.realtor.ca/real-estate/25562788/111-forest-hill-road-fredericton
90 Woodside Lane, Unit 101
Fredericton, New Brunswick E3C 2R9
90 Woodside Lane, Unit 101
Fredericton, New Brunswick E3C 2R9
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May 09 2023 05:13:57
The Real Estate Board of Fredericton Area Inc.
Keller Williams Capital Realty