40 Ayres Street Fredericton, New Brunswick E3B 5K7
$489,900
Looking for a home that can help offset your housing costs? This versatile six-bedroom property is an excellent opportunity for homeowners and investors alike. Live on one level while generating rental income from the other, or explore its potential as an investment property. The home features three bedrooms and one bathroom on each level, with separate entrances, separate meters, and dedicated laundry facilities for added privacy and convenience. The upper level also features an energy-efficient ductless split heat pump. Recent updates to the upper level include fresh paint, a new dryer and refrigerator, updated light fixtures, replacement of window screens and deck door, new kitchen flooring, and a serviced heat pump. Lower-level improvements include renovated bathrooms, a new washer and dryer, a new microwave, fresh paint, updated flooring, and a replaced living room ceiling. Exterior improvements include refinished walkway steps and a spring house wash. Enjoy a double-car paved driveway and a spacious backyard, ideal for outdoor relaxation and entertaining. Both units were previously rented, and the upstairs unit currently generates $2,200/month, with the lease ending July 31, 2027. Whether you're looking to expand your investment portfolio or reduce your monthly housing costs while building long-term equity, this property offers flexibility and income potential. Property taxes reflect the non-owner-occupied rate. (id:55272)
Property Details
| MLS® Number | NB149690 |
| Property Type | Single Family |
| AmenitiesNearBy | Recreation Nearby |
| Features | Balcony/deck/patio |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 3 |
| BedroomsTotal | 6 |
| ArchitecturalStyle | Split Entry Bungalow, 2 Level |
| ConstructedDate | 1975 |
| ConstructionStyleAttachment | Detached |
| CoolingType | Heat Pump |
| ExteriorFinish | Vinyl |
| FlooringType | Ceramic, Tile, Hardwood |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters, Heat Pump |
| StoriesTotal | 1 |
| SizeInterior | 1457 Sqft |
| TotalFinishedArea | 1457 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Land
| AccessType | Year-round Access, Public Road |
| Acreage | No |
| LandAmenities | Recreation Nearby |
| LandscapeFeatures | Landscaped |
| Sewer | Municipal Sewage System |
| SizeIrregular | 837 |
| SizeTotal | 837 M2 |
| SizeTotalText | 837 M2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | 3pc Bathroom | 5'7'' x 8'7'' | ||
| Basement | Bedroom | 8'4'' x 10'3'' | ||
| Basement | Bedroom | 8'4'' x 10'3'' | ||
| Basement | Bedroom | 12'1'' x 8'11'' | ||
| Basement | Kitchen | 13'8'' x 12'0'' | ||
| Basement | Living Room | 10'5'' x 13'11'' | ||
| Main Level | 3pc Bathroom | 9'6'' x 7'5'' | ||
| Main Level | Bedroom | 8'9'' x 9'8'' | ||
| Main Level | Bedroom | 9'5'' x 10'6'' | ||
| Main Level | Primary Bedroom | 11'0'' x 13'0'' | ||
| Main Level | Kitchen/dining Room | 12'0'' x 14'11'' | ||
| Main Level | Living Room | 11'10'' x 16'2'' |
https://www.realtor.ca/real-estate/30403902/40-ayres-street-fredericton
Interested?
Contact us for more information
Rani Saggere Sharma
Salesperson
Fredericton, New Brunswick E3B 2M5
Rajat Sharma
Salesperson
Fredericton, New Brunswick E3B 2M5
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October 18 2026 07:11:26
Saint John Real Estate Board Inc
Exp Realty