About this home

The population of Fredericton has grown tremendously over the last few years, and during that time income properties became hot commodities. So how do you combine maximizing your equity and having an affordable place to live in a great neighborhood like The Hill? This three unit property could be the opportunity youve been looking for. The vacant main floor unit features four bedrooms and 1.5 bathrooms. Spacious living room w/ductless heat pump, bright kitchen, and a large deck. Three bedrooms and the main bath are on one side of the LR & kitchen and the 4th bedroom and half bath are on the other. The tenant moved out a few months ago and the vendor decided not to seek a new tenant due to the decision to list the property for sale. The Bachelor apt/granny suite also shares the main level and is accessed by an interior door or separate private entrance. This very cute unit has its own deck, and fenced garden area with covered picnic table spot. Separate bedroom area, picture window, open kitchen/LR, and bathroom with shower. Great tenant for three years. Ample parking for both units. The large lower three bedroom unit has its own parking and entrance from Smythe St. Three bedrooms and two bathrooms make it an attractive rental. It also has a separate enclosed garden area. The tenant has been there for 8 years and is leaving at the end of July. This unit will need some maintenance & updating. All three units have access to a shared washer and dryer. The metal roof was replaced 7 yrs ago. This property is close to schools, shopping, medical facilities, ODell Park, and the downtown City core. On City bus route. (id:63626)

Listed by: Debbie Shorten, Salesperson, EXIT Realty Advantage

Home facts and features

Price details

List Price

$560,000

Gross Taxes for 2026

$5,793

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

7793 ft²

Depth

Year Built

Built in 1965 (61 yrs old)

Title

Freehold

Exterior Finish

Wood, Brick

Heating Type

Heat Pump, Baseboard heaters, Electric

Cooling

Air exchanger, Heat Pump

Features

Balcony/Deck/Patio, Corner Site

Appliances

Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Debbie Shorten

Primary Broker

EXIT Realty Advantage

Listing details

Days on REW

1 Day

MLS® Number

NB142692

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

7 Schools are within 64km

Connaught Street School

n/a
K - 5
In Catchment

Montessori World

n/a
K
In Catchment

Enterprise Centre

n/a
6 - 12
In Catchment

Fredericton High School

n/a
9 - 12
In Catchment

Priestman Street Elementary School

n/a
K - 5
In Catchment

George Street Middle School

n/a
6 - 8
In Catchment

Canterbury High School

n/a
K - 12
In Catchment

105 Kings College RoadFredericton, NB, E3B 2E6