169 Forest Hill Road, Fredericton
169 Forest Hill Road, Fredericton
Property details
- Building area
- 1,970 sq ft
- Lot size
- 10,796 sq ft
- Units
- 4
- Annual taxes
- $7,068.97/yr
Description
An incredible investment opportunity in a highly desirable location! Whether you're looking to expand your real estate portfolio or step into the world of income properties, this fourplex offers fantastic potential in a prime location just minutes from UNB, STU, shopping, restaurants, and everyday amenities. Featuring four self-contained units, including two spacious 2-bedroom apartments and two 1-bedroom apartments, this property offers a versatile rental mix in an area with strong rental appeal. Recent improvements include all new windows and decks, adding value and enhancing the property's appeal. Each unit comes equipped with its own refrigerator and stove, while ample parking accommodates more than five vehicles. Three of four units are currently occupied by tenants on month-to-month leases, offering immediate rental income with flexibility for future plans. The property features three electrical meters, with Apartments 1,3 and 4 individually metered, while Apartments 2 share a meter. Zoned R3, this multi-unit property presents an exciting opportunity for investors looking to build long-term wealth through real estate. Four units. Prime location. Income potential. An investment worth exploring!
Location
169 Forest Hill Road, 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.
