169 Forest Hill Road Fredericton, New Brunswick E3C 2E7
$699,900
An incredible investment opportunity in a highly desirable location! Whether you're looking to expand your real estate portfolio or step into the world of income properties, this fourplex offers fantastic potential in a prime location just minutes from UNB, STU, shopping, restaurants, and everyday amenities. Featuring four self-contained units, including two spacious 2-bedroom apartments and two 1-bedroom apartments, this property offers a versatile rental mix in an area with strong rental appeal. Recent improvements include all new windows and decks, adding value and enhancing the property's appeal. Each unit comes equipped with its own refrigerator and stove, while ample parking accommodates more than five vehicles. Three of four units are currently occupied by tenants on month-to-month leases, offering immediate rental income with flexibility for future plans. The property features three electrical meters, with Apartments 1,3 and 4 individually metered, while Apartments 2 share a meter. Zoned R3, this multi-unit property presents an exciting opportunity for investors looking to build long-term wealth through real estate. Four units. Prime location. Income potential. An investment worth exploring! (id:61088)
Property Details
| MLS® Number | NB150165 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Features | Balcony/deck/patio |
| Rental Equipment Type | Water Heater |
Building
| Appliances | Refrigerator, Microwave, Stove |
| Basement Type | Crawl Space |
| Exterior Finish | Vinyl |
| Flooring Type | Laminate, Vinyl |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 1,970 Ft2 |
| Total Finished Area | 1970 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 1003 |
| Size Total | 1003 M2 |
| Size Total Text | 1003 M2 |
https://www.realtor.ca/real-estate/30433186/169-forest-hill-road-fredericton
Contact Us
Contact us for more information
Maria Hanna
Salesperson
283 St. Mary's Street
Fredericton, New Brunswick E3A 2S5
(506) 452-9888
www.remaxfrederictonelite.ca/
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October 22 2026 04:56:27
New Brunswick Real Estate Board
RE/MAX East Coast Elite Realty