247 Dundonald Street Fredericton, New Brunswick E3B 1X1

$774,900

New investment opportunity in the heart of downtown Fredericton! This well-maintained 4-unitincome property is ideally located within walking distance to amenities, restaurants, and the scenic trail system. Each unit has 2 bedrooms, are individually metered, feature in-unit stackable laundry, and boast updated kitchensan attractive combination for tenants and a smart, low-maintenance choice for investors. The property offers paved parking with one dedicated space/unit. At the rear of the property, youll find a 50 x 50 building that is currently used for owner storage and partially rented as a workshop space. This versatile building includes high ceilings, its own 200-amp electrical panel, and a second level (stairs not currently in place). Unique to the downtown market, this space opens the door to additional income potential or future development. Whether youre expanding your portfolio or searching for a property with strong rental appeal, this investment combines stable income, excellent location, and a rare bonus building in one package. (id:50541)

Property Details

MLS® Number	NB127001
Property Type	Multi-family
Equipment Type	Water Heater
Features	Level Lot
Rental Equipment Type	Water Heater
Structure	Workshop

Building

Appliances	Refrigerator, Stove, Washer, Dishwasher, Dryer
Basement Type	Crawl Space
Constructed Date	1980
Exterior Finish	Brick
Fire Protection	Smoke Detectors
Flooring Type	Laminate, Tile
Foundation Type	Block
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	2
Size Interior	3,000 Ft2
Total Finished Area	3000 Sqft
Type	Fourplex
Utility Water	Municipal Water

Land

Access Type	Year-round Access
Acreage	No
Sewer	Municipal Sewage System
Size Irregular	766
Size Total	766 M2
Size Total Text	766 M2
Zoning Description	Tp-4

https://www.realtor.ca/real-estate/28886212/247-dundonald-street-fredericton