Fredericton Apartment Building for sale: 7 bedroom (Listed 2011-01-19)

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• Property Value$489,900
• Property Address132 Golf Club Road, Fredericton, NB, Canada
• TypeApartment Building
• Style8 Unit
• BasementYes
• Est. Property Tax5468

• Lot Size Area1,299 m²
• Bedrooms7
• Bathrooms5 full

Address

132 Golf Club Road, Fredericton, NB, Canada

Description

Prime Investment property located in highly sought after neighbourhood. This well maintained 8 unit property is located only steps away from the Fredericton Golf Course and backing onto a city park. Property consists of 4 one bedroom units rented for $600/month, 1 two bedroom unit rented for $640/month, 1 bachelor unit rented for $600/month, owners quarters of 3 bedrooms and 2 bathrooms with potential rental of $1,000/month and 1 commercial space ( or potential for another one bedroom apartment ) of approx 1,000 sqft for $695/month. All rents below current market values with several long term tenants. Several recent upgrades including new roof shingles ( 2010 ), mostly new windows , new siding and new patio doors ( 2010 ). Excellent long term investment.

Listing Provided By

Remax Group Four Realty