For Sale: 390 Northumberland Street, Fredericton, NB

About this home

An outstanding opportunity to start or expand your investment portfolio in one of Fredericton's most desirable downtown locations. This two-unit property offers excellent income potential with room for future growth, as current rents are below market value. The property features a spacious main level two-bedroom unit currently rented for $1150 per month plus heat and lights, along with a one-bedroom upper-level unit currently rented for $775 per month plus heat and lights. Leases in effect until September 2027. Each unit is separately metered, providing added convenience for both owners and tenants. Shared laundry facilities on main level. The unbeatable downtown location is one of this property's greatest assets. Walk to restaurants, cafés, shopping, parks, entertainment venues, schools, and the scenic riverfront trail system. Public transit is also nearby, an added convenience. Whether you are purchasing your first income property or adding to an established portfolio, this is a smart investment in a highly sought after area where demand for rental housing remains strong. (id:63626)

Listed by: Scott Mactavish, Salesperson, Keller Williams Capital Realty

Home facts and features

Price details

List Price

$349,900

Gross Taxes for 2026

$4,598

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

2615 ft²

Depth

Year Built

Built in 1938 (88 yrs old)

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Baseboard heaters, Electric

Features

Balcony/Deck/Patio, Level lot

Appliances

Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Scott Mactavish

Primary Broker

Keller Williams Capital Realty

Secondary Agent

Cole MacTavish

Secondary Broker

Keller Williams Capital Realty

Listing details

Days on REW

8 Days

MLS® Number

NB143986

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

7 Schools are within 64km

Montessori World

n/a
K
In Catchment

Connaught Street School

n/a
K - 5
In Catchment

George Street Middle School

n/a
6 - 8
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

Canterbury High School

n/a
K - 12
In Catchment

390 Northumberland StreetFredericton, NB, E3B 3K1