178 Westmorland Street, Fredericton
178 Westmorland Street, Fredericton
Property details
- Building area
- 2,900 sq ft
- Lot size
- 4,413 sq ft
- Units
- 3
- Year built
- 1967
- Annual taxes
- $6,584.39/yr
Description
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.
Location
178 Westmorland Street, Fredericton
Demographics, trade-area scores, comparable sales, and price history for this property — with Premium.
Listing courtesy of REMAX East Coast Elite Realty. Data via Fredericton REALTOR® board.
Listing courtesy of REMAX East Coast Elite Realty, Fredericton board. Data provided under the NB REALTOR® RETS agreement.
