390 Northumberland Street Fredericton, New Brunswick E3B 3K1
$324,900
An outstanding opportunity to start or expand your investment portfolio in one of Fredericton's most desirable downtown locations. This two-unit property offers excellent income potential with room for future growth, as current rents are below market value. The property features a spacious main level two-bedroom unit currently rented for $1150 per month plus heat and lights, along with a one-bedroom upper-level unit currently rented for $775 per month plus heat and lights. Leases in effect until September 2027. Each unit is separately metered, providing added convenience for both owners and tenants. Shared laundry facilities on main level. The unbeatable downtown location is one of this property's greatest assets. Walk to restaurants, cafés, shopping, parks, entertainment venues, schools, and the scenic riverfront trail system. Public transit is also nearby, an added convenience. Whether you are purchasing your first income property or adding to an established portfolio, this is a smart investment in a highly sought after area where demand for rental housing remains strong. (id:55272)
Property Details
| MLS® Number | NB143986 |
| Property Type | Multi-family |
| Features | Level Lot, Balcony/deck/patio |
Building
| Appliances | Refrigerator, Stove, Washer, Dryer |
| ConstructedDate | 1938 |
| ExteriorFinish | Vinyl |
| FlooringType | Laminate |
| FoundationType | Stone |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| SizeInterior | 1061 Sqft |
| TotalFinishedArea | 1061 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Land
| AccessType | Year-round Access, Public Road |
| Acreage | No |
| LandscapeFeatures | Landscaped |
| Sewer | Municipal Sewage System |
| SizeIrregular | 243 |
| SizeTotal | 243 M2 |
| SizeTotalText | 243 M2 |
| ZoningDescription | Tp-2 |
https://www.realtor.ca/real-estate/30029833/390-northumberland-street-fredericton
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Scott Mactavish
Salesperson
90 Woodside Lane, Unit 101
Fredericton, New Brunswick E3C 2R9
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October 13 2026 11:55:56
Saint John Real Estate Board Inc
Keller Williams Capital Realty