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178 Westmorland Street Fredericton, New Brunswick E3B 3L7

2900 sqft
Baseboard Heaters

$549,900

Secure your future with this exceptional investment opportunity in one of Fredericton's most desirable downtown locations. This well maintained three unit property offers immediate rental income with exceptional long term growth potential. With current rents below market value, investors have a rare opportunity to increase revenue over time while benefiting from long term appreciation in a high demand rental market. Each unit is separately metered, offering added convenience and simplified management. Located in the heart of downtown, tenants will enjoy walking distance to restaurants, cafés, shopping, entertainment, parks, schools, public transit, and Fredericton's picturesque riverfront trail system. This unbeatable location continues to attract quality tenants year after year. Whether you're building your first investment portfolio or adding another strong asset to an existing one, this is the type of property that delivers today and continues to grow in value for years to come. Prime downtown opportunities like this are increasingly difficult to find, making it a smart investment with lasting potential. (id:55272)

Property Details

MLS® Number NB144884
Property Type Multi-family

Building

Appliances Refrigerator, Stove, Washer, Dryer
BasementType Crawl Space
ConstructedDate 1967
ExteriorFinish Vinyl, Wood Siding
FireProtection Smoke Detectors
FlooringType Laminate, Vinyl, Hardwood
FoundationType Block, Stone
HeatingType Baseboard Heaters
StoriesTotal 3
SizeInterior 2900 Sqft
TotalFinishedArea 2900 Sqft
Type Triplex
UtilityWater Municipal Water

Land

AccessType Year-round Access, Public Road
Acreage No
Sewer Municipal Sewage System
SizeIrregular 410
SizeTotal 410 M2
SizeTotalText 410 M2

https://www.realtor.ca/real-estate/30086842/178-westmorland-street-fredericton

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Maria Hanna
Salesperson


RE/MAX East Coast Elite Realty
283 St. Mary's Street
Fredericton, New Brunswick E3A 2S5

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