Opportunity Knocks! Located in the center of town this 3-unit building could be a 4 unit, as the retail store has been taking out you can add as an extra located on the main level, a laundry room in the lower level with coin operated machine . There are three apartment units (two 2-Bedroom units and a 1-Bedroom unit).
Rent , there are no leases all tenants are now on a month to month
Apt.# 1 $1300.00 on monthly lease
Apt.#2 $1100 00
Apt.#3 (21 years tenant) pays $800.00 but easily increases to 1000.00 by new owner.
Every unit can be increased to generate a mush higher yearly
Both 2 bedrooms could be rented at $1,500 and the one bedroom at $1000
Tenants are long time tenant, for 9 years for one of the 2 bedroom and 21 years for the 1 bedroom
Increasing the rent to closer to todays market the total yearly rent would be $48,000.00
Listing Courtesy of NEW BRUNSWICK REAL ESTATE BOARD / Exit Realty Advantage / Francine Comeau
$499,900
Fredericton Area Single Family Home
Active
1071 Smythe Street Fredericton, NB E3B 3H4
4 Bed
2 Baths
2000 sqft
MLS# NB103530
Just like the address 1071 you could rate this beautiful home a bit higher than 10 out of ten. Immaculately new in every square inch from top to bottom, these two units show beautifully. Enter a split entry. The floors are hardwood and ceramic throughout. Upstairs huge living room with natural gas fireplace. Eat-in kitchen with door for back entrance and access to deck. Lots of cupboards and counter space plus DSSS, dining area with sliding patio door and second access to back deck. Two large bedrooms and a modern bathroom. Downstairs basically the same with two large bedrooms, gas fireplace in the living room and an eat-in kitchen with lot of cupboards and counterspace that shows like new. Paved driveway, garage, shed, and a stunning private backyard. Last of all, let’s not forget that this location is within walking distance of everything, like every school from 1 to 12 and University. So considering location, condition and potential income this home is a ten plus.
Listing Courtesy of NEW BRUNSWICK REAL ESTATE BOARD / Exit Realty Advantage / Francine Comeau
$499,900
Fredericton Area Single Family Home
Active
33 Birch Crescent Fredericton, NB E3A 3S8
3 Bed
2 Baths
1450 sqft
MLS# NB097336
Two-year-old home of built by a seasoned contractor, this three-bedroom bungalow is wheelchair accessible. (Slab on grade, four-foot frost. Floor is insulated with 2-inch Styrofoam and Vapor Barrier). Aesthetically appealing front with pillars, real stonework, and eve lighting around home, attached garage. Walk into a large entry way with open concept between kitchen, dining room and living room. Patio doors lead to a 16x16 deck. Master has his & her walk-in closets, full ensuite, plus laundry. Two other bedrooms are separated by four-piece bath, second laundry and again wheelchair access. The kitchen has white cupboards with shaker doors. Heat pump and electric baseboard, Attic R50, R22 Walls. Double detached garage (24x25) has electric doors and walls are insulated, A 200 amp entrance in the detached garage that feeds the house with underground wiring to a 125 amp entrance to the home. Landscaped and a huge, paved parking area.
Listing Courtesy of NEW BRUNSWICK REAL ESTATE BOARD / Exit Realty Advantage / Francine Comeau