197-199 Canada Street, Fredericton, New Brunswick

Multi-Family for Sale in Fredericton

197-199 Canada Street, Fredericton, NB

  • CA$769,900
  • 0 BEDS
  • 0 BATHS
  • 2,500 sq.ft. Home
  • CA$769,900

Multi-Family for Sale in Fredericton

197-199 Canada Street, Fredericton, NB

  • CA$769,900
  • 0 BEDS
  • 0 BATHS
  • 2,500 sq.ft. Home
  • CA$769,900

Key Facts

  • MLS® #: NB125924
  • Property ID: SIRC2986618
  • Property Type: Residential, Multi-Family Home
  • Living Space: 2,500 sq.ft.
  • Year Built: 1900
  • Listed By:
  • RE/MAX East Coast Elite Realty

Property Description

Presenting a rare & exceptional turn key investment opportunity with Nashwaak River View from all 4 units plus potential development in this oversized City lot. This brick fourplex combines historic charm with modern reliability offering a truly turn-key asset in a prime location. Meticulously maintained with no deferred maintenance, this property is the definition of a stable, high-performing addition to any real estate portfolio! Extensively renovated from top-to-bottom in 2007, effectively creating a new building. All 4 units feature high ceilings. The desirable unit mix includes 2 spacious two-bedroom units and 2 versatile one-bedroom & den - perfect for accommodating professionals needing a home office. Investors will appreciate the stability provided by long-term tenants & a low turnover rate. The property generates additional income with separate coin-operated laundry facilities for each side (197 and 199). Recent major updates, including a new roof to ensure peace of mind and protect your investment for years to come. A rare find within the city. Tenants will also enjoy the use of a large backyard and private decks. Direct across from the Northside walking trail & the convenience of a city transit stop just steps from the front door. This is an unparalleled opportunity to acquire a cash-flow positive, problem-free investment property in a sought-after location. Check with your Realtor for showings instructions! All showings must have 24 hour notice.

Listing Agents

RE/MAX East Coast Elite Realty

Request More Information

*Showing requires confirmation from agent.

Request More Information

*Showing requires confirmation from agent.

Location

197-199 Canada Street, Fredericton, New Brunswick, E3A 3Z8 Canada

Around this property

Information about the area within a 5-minute walk of this property.

Request Neighbourhood Information

Learn more about the neighbourhood and amenities around this home

Request Now

Payment Calculator

mo.* estimated monthly payment based on:
  • $
  • %$
  • %
  • Principal and Interest 0
  • Property Taxes 0
  • Strata / Condo Fees 0
* This payment calculator’s purpose is to provide a rough estimate for planning and educational purposes only. It should not be used as your sole source of information for financial planning purposes. This tool does not offer a loan nor does it solicit your information, it is also not financial or legal advice. Please contact a qualified professional for your financial advice. No responsibility or liability whatsoever can be accepted by Sotheby’s International Realty Canada or Sotheby’s International Realty Affiliates for any loss or damage resultant from any use of, reliance on or reference to the contents of this payment calculator.

Similar PropertiesSee All Similar Properties

Data provided by: New Brunswick Real Estate Board
Home/New Brunswick/Fredericton/MLS® NB125924