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Home NB Greater Fredericton Fredericton Nashwaaksis
202-216 Sunset Drive
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202-216 Sunset Drive $3,999,000
$3,999,000
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202-216 Sunset Drive
Fredericton, New Brunswick E3A1A3

MLS® Number: NB103314

Listing Description

Investment opportunity knocks!!! Sitting on over 2.5 acres of land inside the city limit, this four-building/19-unit package also comes with excess land for developing 55 multi-residential units. The vendors have done the preliminary research for the building permits, rezoning, and architectural plans that come included with this sale package. The four buildings have seen extensive renovations in each, including kitchens, bathrooms, flooring, lighting, painting, and so much more. The property offers ample off-street parking spaces and is on a bus route close to grocery stores, banks, restaurants, and more. With a strong rental history and high demand in the area, this property presents a lucrative income-generating opportunity. Detailed financials and rental income statements are available upon request. Whether youre an experienced investor or looking to expand your portfolio, this multi-unit building offers excellent potential for long-term growth and stability in a thriving real estate market. (27302731)

Property Summary

Property Type
Multi-family
Title
Freehold
Land Size
2.57 ac
Annual Property Taxes
$29,612.16
Time on REALTOR.ca
60 days

Price and Sale History

Date Status Price
Jan 25, 2022 Sale Closed $1,980,000

Building

Interior Features
Appliances Included
Refrigerator, Stove
Building Features
Rental Equipment
None
Total Units
19
Heating & Cooling
Cooling
Heat Pump
Heating Type
Baseboard heaters, Heat Pump, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl

Measurements

Total Finished Area
10000 sqft
Data provided by: New Brunswick Real Estate Board Unit 1 - 1000 Sandy Point Road, Saint John, New Brunswick E2K 5H3

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