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Home NB Greater Fredericton Fredericton Platt
721 George Street
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721 George Street $799,900
$799,900
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721 George Street
Fredericton, New Brunswick E3B1K6

MLS® Number: NB107225

Listing Description

Located in the heart of Fredericton's vibrant downtown, this well-maintained 5-unit building, owned by the same family for over 60 years, is now available for the discerning investor. The property features 2 spacious three-bedroom units and 3 two-bedroom units, each with separate power meters, offering excellent rental potential. Upgrades include electrical panels and a natural gas boiler system, which ensure efficient heating. The building's exterior has been freshly painted, reflecting the care and attention it has received over the years. Additional amenities include 4 dedicated parking spaces and a coin-operated laundry facility, making it convenient for tenants. Its prime location is just a short walk to the Fredericton Farmers Market, downtown shops, scenic trails, parks, and more, making it a walker and cyclists paradise. With easy access to all that downtown Fredericton has to offer, this property presents a fantastic opportunity to expand your real estate portfolio. Don't miss out on this rare investment opportunity! (27613412)

Property Summary

Property Type
Multi-family
Storeys
2.5
Title
Freehold
Land Size
446 m2
Annual Property Taxes
$11,928
Time on REALTOR.ca
47 days

Building

Interior Features
Appliances Included
Refrigerator, Stove, Washer, Dryer
Basement Type
Full (Partially finished)
Building Features
Features
Level lot, Corner Site
Foundation Type
Stone
Rental Equipment
None
Total Units
5
Heating & Cooling
Heating Type
Hot Water, Other, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Wood

Measurements

Total Finished Area
4500 sqft

Land

Lot Features
Landscape Features
Landscaped
Other Property Information
Access
Year-round access
Zoning Description
TP-3
Data provided by: New Brunswick Real Estate Board Unit 1 - 1000 Sandy Point Road, Saint John, New Brunswick E2K 5H3

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