An incredible investment opportunity in a highly desirable location! Whether you're looking to expand your real estate portfolio or step into the world of income properties, this fourplex offers fantastic potential in a prime location just minutes from UNB, STU, shopping, restaurants, and everyday amenities. Featuring four self-contained units, including two spacious 2-bedroom apartments and two 1-bedroom apartments, this property offers a versatile rental mix in an area with strong rental appeal. Recent improvements include all new windows and decks, adding value and enhancing the property's appeal. Each unit comes equipped with its own refrigerator and stove, while ample parking accommodates more than five vehicles. Three of four units are currently occupied by tenants on month-to-month leases, offering immediate rental income with flexibility for future plans. The property features three electrical meters, with Apartments 1,3 and 4 individually metered, while Apartments 2 share a meter. Zoned R3, this multi-unit property presents an exciting opportunity for investors looking to build long-term wealth through real estate. Four units. Prime location. Income potential. An investment worth exploring! (id:4069)
Address
169 Forest Hill Road
List Price
$699,900
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Fredericton
Floor Area
1,970 Sq. Ft.
Lot Size
1003 Sq. Ft.
MLS® Number
NB150165
Listing Brokerage
REMAX East Coast Elite Realty
Basement Area
Crawl space
Postal Code
E3C2E7
Ownership
Freehold
Features
Balcony/Deck/Patio
Appliances
Refrigerator, Microwave, Stove
Heat Source
Electric
Heat Type
Baseboard heaters
Foundation Details
Concrete
Water Source
Municipal water
Sewer
Municipal sewage system
