For Sale: 4 River Street, Fredericton, NB

About this home

This rental investment has it all: close to amenities, close to major, dependable employers, a family-friendly walkable neighbourhood, positive cash flow, in a trendy upward area, with reliable tenants and the potential for additional units. This 3BR/1Bath freehold townhouse in quickly growing Marysville is walking distance to parks, the trail system, workplaces, the pharmacy and other shops, churches, the baseball field and popular meet-up coffee shop The Landing. With a public transit stop right outside the door and the Hwy 8 bypass minutes away, roads take you uptown, downtown or out to the country in 15 mins. Annual revenue of almost $23,000. SNB lease and security deposit in place. Tenants pay own heat, hot water and lights. The charm of the property, historic Marysville and views of the Nashwaak River combined with special features like outdoor gardening space, oodles of storage, a covered front porch and enclosed back porch attract long-term tenants who take extra care. The property is professionally managed and maintained by Nest PM. With a lower list price than most rentals, this is a great opportunity for first-time investors without the added expense of monthly condo fees or mini home park rental. Seasoned investors may be interested in buying both 2 & 4 River Street. With the new City zoning and additional land included on the corner with 2 River, there is the potential for further development. Pls note that measurements exclude areas with angled ceilings. List of improvements available. (id:63626)

Listed by: Alissa Lee, Salesperson, Keller Williams Capital Realty

Home facts and features

Price details

List Price

$244,900

Gross Taxes for 2026

$1,425

Home facts

Bedrooms

Full Bathrooms

Property Type

House

Lot Size

5995 ft²

Depth

Title

Freehold

Exterior Finish

Wood

Heating Type

Baseboard heaters, Electric

Features

Balcony/Deck/Patio, Golf course/parkland, Level lot

Agent details

Primary Agent

Alissa Lee

Primary Broker

Keller Williams Capital Realty

Listing details

Days on REW

6 Days

MLS® Number

NB148432

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

7 Schools are within 3km

Gibson-Neill Memorial Elementary School

n/a
K - 5
In Catchment

École Les Éclaireurs

n/a
K - 8
In Catchment

Leo Hayes High School

n/a
9 - 12
In Catchment

Chief Harold Sappier Memorial Elementary School

n/a
K - 5
In Catchment

Meduxnekeag Consolidated School

n/a
K - 8
In Catchment

Devon Middle School

n/a
6 - 8
In Catchment

Devon Park Christian School

n/a
K - 12
In Catchment

4 River StreetFredericton, NB, E3A 4L6