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$389,900

None Beds

QuickQuoteTM: $393K - $527K

Fredericton NB, E3A 1S1

MLS® # NB130716

Property Information:

Excellent Investment Opportunity - 3 unit property just off the Main Street of Fredericton. This well-situated three-unit property offers strong income potential and future growth. Each unit is separately metered, giving investors straightforward management and the ability to control utilities with ease. Close to the main trail system, grocery stores, and all amenities the Northside has to offer, this property provides exceptional convenience for tenants--boosting long-term demand and rental stability. Many improvements have been made over the years, adding to the property's overall value and appeal while reducing future maintenance concerns. With solid tenant appeal and room for rent increases, this is a rare chance to secure a multi-unit investment in a high-demand area. Whether you're expanding your portfolio or entering the market, this opportunity is full of upside.

Building Features:

  • Total Finished Area: 1900 Square Feet

Property Features:

  • Built in: 1938
  • Driveway: Gravel
  • Exterior: Vinyl
  • Flooring: Laminate, Linoleum
  • Heating Cooling: Electric, Hot Water
  • Land Features: Cleared, Wooded/Treed
  • Property Size: Under 0.5 Acres
  • Roof: Asphalt Shingle
  • Title To Land: Freehold
  • Water: Municipal

Courtesy of: REMAX East Coast Elite Realty

Data provided by: Greater Moncton REALTORS® du Grand Moncton 541 St. George Blvd., Moncton, New Brunswick E1E 2B6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 2 Hillcourt DR, Fredericton, NB, E3A 1S1

Demographic Information of 2 Hillcourt DR, Fredericton, NB, E3A 1S1

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$97,581.41

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.99 %

High school certificate or equivalent

31.48 %

Apprenticeship trade certificate/diploma

11.77 %

College/non-university certificate

19.49 %

University certificate (below bachelor)

1.27 %

University Degree

27.0 %

Commuter

Travel To Work

By Car

83.66 %

By Public Transit

3.02 %

By Walking

5.83 %

By Bicycle

1.78 %

By Other Methods

5.71 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.47 %

Houses

71.53 %

Own Vs. Rent