202-206-208-210-212-216 Sunset Drive, Fredericton

$1,980,000

0 Beds
0 Baths
10,000 Sqft
2.55 Acres
0 Garages

Fantastic Investment Opportunity!! Expand you portfolio with this 19 unit that offers so many possibilities. Property consists of 4 PIDS. The largest PID, zoned MR-2, consists of 2 purpose built buildings with 6 units in each building. 5 2-Bedroom units and 1 1-Bedroom unit. These 2 buildings have had many upgrades over the years including flooring, bathrooms, paint, siding, roof shingles and recently added ductless HEAT PUMPS in each unit. There is also a 4 unit building that has also seen many upgrades including roof shingles, exterior stairs, flooring and paint. The other 3 PIDS are zoned R2 and include a 3 unit building that has seen upgrades that include metal roof, siding, windows, flooring and more. There is a small section that houses a maintenance shed and 9 metal storage sheds that are used to store sand/salt and others are rented to tenants. There is a vacant lot behind the white 4 unit for possible future development. There is also opportunity for a new owner to add another 33 units to the MR-2 property behind the 2 purpose built buildings (current owner had plans that just need city approval). Property is on the bus route with stop at the driveway. Quick access to grocery store, banks and restaurants. Lots of paved parking for tenants. (id:6289)

Essential Information
Listing #NB063084
Price$1,980,000
Bathrooms0.00
Square Footage10,000
Acres2.55
Year Built1978
TypeMulti-family
Sub-TypeFreehold
Community Information
CityFredericton
ProvinceNew Brunswick
Postal CodeE3A1A5
Address

202-206-208-210-212-216 Sunset Drive

Interior
CoolingHeat Pump
Appliances

Refrigerator, Stove, Washer, Dryer

Heating

Electric Baseboard heaters, Heat Pump

Exterior
ExteriorBrick, Vinyl
Listing Details
OfficeeXp Realty

Get directions to this property:

Sign up for email updates