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Home NB Greater Fredericton Fredericton Barkers Point
66 Greenwood Drive
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66 Greenwood Drive $1,199,000
$1,199,000
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66 Greenwood Drive
Fredericton, New Brunswick E3A3T5

MLS® Number: NB108822

Listing Description

Looking for a well-maintained multi-unit with a great location to add to your investment portfolio? This seven-unit ( 5 one bedroom residential units, 2 commercial units), energy-efficient mixed commercial/residential might meet all your needs. Newly constructed in 2018, this property is located in a convenient yet peaceful neighbourhood on the City's North Side. Short drive to the bridge and downtown Fredericton. Great curb appeal, and contemporary design inside and out. There are four second-level one-bedroom apartments plus one accessible ground-level apartment. The ground level also has two commercial spaces with lone-term commercial tenants. Annual rental income $115,500. All residential units are serviced by mini-splits, commercial units are serviced by heat pump. Locked building entrance for security. Paved and lined parking lot, garbage shed. This building is 100% occupied with long-term tenants, residential tenants are all retired or working professionals. Tenants pay their own power bills. All separate meters and hot water tanks for each unit. Washer and dryer hookups in each residential unit. This building has always been well-maintained, and management has succeeded in creating a place where residents want to call home. Don't miss out on this excellent investment opportunity! (27725790)

Property Summary

Property Type
Multi-family
Storeys
2
Title
Freehold
Land Size
10828 sqft
Built in
2018
Annual Property Taxes
$23,326
Time on REALTOR.ca
46 days

Price and Sale History

Date Status Price
Feb 14, 2020 Sale Closed $740,000

Building

Interior Features
Appliances Included
Refrigerator, Stove, Dishwasher
Building Features
Foundation Type
Concrete Slab
Fire Protection
Monitored Alarm, Smoke Detectors, Alarm system
Rental Equipment
Water Heater
Structures
Shed
Total Units
7
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
Aluminum siding, Concrete

Measurements

Total Finished Area
6000 sqft

Land

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

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