3 Bedroom
2 Bathroom
1,228 ft2
2 Level
Air Conditioned
Baseboard Heaters
$419,900
Exceptional investment opportunity in prime Downtown Fredericton! Meticulously upgraded home converted into two separate units, with city permit approved for a third unit, ideally positioned near grocery stores, coffee shops, and a vibrant strip mall. The spacious upper-level unit features 2 bedrooms, a stunning new kitchen with stylish LVP flooring (2024), and new laundry hookups (2025). The lower-level unit offers a cozy 1-bedroom layout, complete with a modern full shower room (2024) and over-the-range vent (2023). Situated on a corner lot, the property includes Single driveaway on Dundonald street and Double driveaway on Northumberland street. Over $45,000 in renovations have been invested to ensure a high-quality, income-generating apartment, set for completion in 2025. Major upgrades include a robust 3-ton Central Heat Pump with a 10-year warranty (2023, $16,200), upgraded electrical panel from 100AMP to 200AMP with a new mast (2023, $4,500), and a new sump pump (2024, $600). Additional enhancements include a new back deck (2023, $5,500), secondary driveway (2024, $2,500), and gutter/eavestrough improvements (2023, $1,300). Turnkey and tenant-ready, this property blends modern amenities, exceptional location, and impressive future expansion potentialperfect for savvy investors! (id:61805)
Property Details
MLS® Number
|
NB116690 |
Property Type
|
Single Family |
Neigbourhood
|
Rabbit Town |
Equipment Type
|
None |
Features
|
Balcony/deck/patio |
Rental Equipment Type
|
None |
Structure
|
None |
Building
Bathroom Total
|
2 |
Bedrooms Above Ground
|
3 |
Bedrooms Total
|
3 |
Architectural Style
|
2 Level |
Constructed Date
|
1940 |
Cooling Type
|
Air Conditioned |
Exterior Finish
|
Vinyl |
Flooring Type
|
Ceramic, Vinyl |
Foundation Type
|
Stone |
Heating Type
|
Baseboard Heaters |
Size Interior
|
1,228 Ft2 |
Total Finished Area
|
1228 Sqft |
Type
|
House |
Utility Water
|
Municipal Water |
Land
Access Type
|
Year-round Access |
Acreage
|
No |
Sewer
|
Municipal Sewage System, No Sewage System |
Size Irregular
|
530 |
Size Total
|
530 M2 |
Size Total Text
|
530 M2 |
Zoning Description
|
R-2 |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Bath (# Pieces 1-6) |
|
|
11'4'' x 7'8'' |
Second Level |
Kitchen |
|
|
11'5'' x 11'5'' |
Second Level |
Bedroom |
|
|
11'8'' x 11'3'' |
Second Level |
Bedroom |
|
|
11'1'' x 11'3'' |
Main Level |
Bath (# Pieces 1-6) |
|
|
8'0'' x 7'5'' |
Main Level |
Living Room |
|
|
11'4'' x 9'7'' |
Main Level |
Bedroom |
|
|
11'1'' x 11'5'' |
Main Level |
Kitchen |
|
|
11'3'' x 12'10'' |
Main Level |
Mud Room |
|
|
7'7'' x 11'4'' |