362 Dundonald Street Fredericton, New Brunswick E3B 1X2

$1,599,900

Exceptional Investment Opportunity in Frederictons Downtown. Offered to the market for the first time, this meticulously maintained eight-unit apartment building is a rare find. Designed by the renowned Carl Smyth, the property exudes quality & attention to detail, providing everything tenants desire in a well-appointed & professionally maintained residence. Each of the eight units features two bedrooms, one bathroom, & over 900+/- square feet of thoughtfully designed living space. Six of the units boast covered balconies, offering outdoor space for tenants to enjoy. All units include dedicated storage areas located on the lower level, along with convenient access to shared laundry facilities. The property has undergone numerous upgrades over the years, including enhancements to the parking lot, retaining wall, exterior paint, & entrance systems. These updates ensure the building is truly turnkey and positioned for long-term success. Additional highlights include 10 standard parking spaces & 4 covered spaces, providing ample parking options for tenants. The buildings prime downtown location puts shopping, grocery stores, schools, parks, trails, & the citys vibrant amenities all within walking distance. Whether youre expanding your portfolio or looking for a reliable, income-generating property to start your real estate investment journey, this exceptional apartment building is not to be missed. This opportunity doesn't present itself often, so don't miss your chance! (id:50541)

Property Details

MLS® Number	NB110283
Property Type	Multi-family
Equipment Type	Water Heater
Features	Level Lot
Rental Equipment Type	Water Heater

Building

Appliances	Refrigerator, Microwave, Stove, Washer, Dishwasher, Dryer
Basement Development	Partially Finished
Basement Type	Full (partially Finished)
Constructed Date	1992
Exterior Finish	Other, Stucco
Fire Protection	Monitored Alarm
Flooring Type	Carpeted, Ceramic
Foundation Type	Concrete
Heating Fuel	Electric
Heating Type	Baseboard Heaters, See Remarks
Stories Total	3
Total Finished Area	7200 Sqft
Utility Water	Municipal Water

Land

Access Type	Year-round Access
Acreage	No
Landscape Features	Landscaped
Sewer	Municipal Sewage System
Size Irregular	1073
Size Total	1073 M2
Size Total Text	1073 M2

https://www.realtor.ca/real-estate/27775049/362-dundonald-street-fredericton