For Sale: 169 Forest Hill Road, Fredericton, NB

About this home

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! (id:63626)

Listed by: Maria Hanna, Salesperson, REMAX East Coast Elite Realty

Home facts and features

Price details

List Price

$699,900

Gross Taxes for 2026

$7,069

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

1003 ft²

Depth

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Baseboard heaters, Electric

Basement Details

Crawl space

Features

Balcony/Deck/Patio

Appliances

Microwave, Refrigerator, Stove

Agent details

Primary Agent

Maria Hanna

Primary Broker

REMAX East Coast Elite Realty

Listing details

Days on REW

1 Day

MLS® Number

NB150165

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 66km

Forest Hill Elementary School

n/a
K - 1
In Catchment

Liverpool Street Elementary School

n/a
2 - 5
In Catchment

Bliss Carman Middle School

n/a
6 - 8
In Catchment

Montgomery Street Elementary School

n/a
K - 5
In Catchment

École Des Bâtisseurs

n/a
K - 5
In Catchment

École Sainte-Anne

n/a
6 - 12
In Catchment

Our Lady Of Grace School

n/a
1 - 9
In Catchment

Lincoln Elementary Community School

n/a
K - 5
In Catchment

New Maryland Elementary School

n/a
K - 5
In Catchment

Canterbury High School

n/a
K - 12
In Catchment

169 Forest Hill RoadFredericton, NB, E3C 2E7