$ 759.900

568 Brunswick Street, Fredericton

  • Bedrooms: 9
  • Bathrooms: 5
  • Living area: 3500 square feet
  • Type: Residential
  • Added: 7 days ago
  • Updated: 4 days ago
  • Last Checked: 8 hours ago
Investment Goldmine in the heart of the city: Your Gateway to Rental Income Awaits! Welcome to an exceptional investment opportunity in the heart of downtown! This 5-plex residential building, built around 1975, offers the perfect blend of location, income potential, and versatility. Situated in a vibrant neighborhood with easy access to shopping, dining, entertainment, and public transportation, you can enjoy the convenience of urban living right outside your door. The building features a total of 5 units - one spacious 5-bedroom unit and four 1-bedroom units - each designed to maximize space and comfort. With a strong rental history, the current rental income is an impressive $6,920/month, making this property a lucrative investment. Each unit boasts modern finishes, vinyl and laminate flooring, and large windows that fill the space with natural light. The 5-bedroom unit is ideal for families or groups, while the 1-bedroom units cater to young professionals and couples. Sitting on a generous 534 sq. meters, this property provides ample space for tenants and potential outdoor areas. Located in a rapidly developing area, this property not only offers solid returns today but also has great potential for appreciation in the future. Don't miss your chance to own a prime piece of real estate in one of the city's most desirable locations. Contact us today for more information or to schedule a viewing. (id:1945)
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Show More Details and Features

Property DetailsKey information about 568 Brunswick Street

  • Heating: Baseboard heaters, Electric
  • Year Built: 1975
  • Structure Type: House
  • Exterior Features: Vinyl
  • Building Type: 5-plex residential
  • Year Built: 1975
  • Number Of Units: 5
  • Total Area: 534 sq. meters

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Vinyl and laminate
  • Living Area: 3500
  • Bedrooms Total: 9
  • Above Grade Finished Area: 3500
  • Above Grade Finished Area Units: square feet
  • Unit Types: 5-bedroom unit: 1, 1-bedroom units: 4
  • Finishes: Modern finishes
  • Natural Light: Large windows

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 568 Brunswick Street

  • Water Source: Municipal water
  • Lot Size Units: square meters
  • Lot Size Dimensions: 534
  • Outdoor Areas: Ample space for tenants and potential outdoor areas

Location & CommunityUnderstand the neighborhood and community

  • Directions: Downtown Fredericton to Brunswick Street
  • Common Interest: Freehold
  • Neighborhood: Vibrant neighborhood
  • Access: Shopping: Easy access, Dining: Easy access, Entertainment: Easy access, Public Transportation: Easy access
  • Development: Rapidly developing area

Business & Leasing InformationCheck business and leasing options available at 568 Brunswick Street

  • Current Rental Income: $6,920/month
  • Rental History: Strong rental history

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 568 Brunswick Street

  • Parcel Number: 01455476
  • Tax Annual Amount: 10144
  • Zoning Description: CC

Additional FeaturesExplore extra features and benefits

  • Investment Potential: Income Potential: Lucrative investment, Future Appreciation: Great potential for appreciation
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Nearby Listings Stat

Active listings
1
Min Price
$759,900
Max Price
$759,900
Avg Price
$759,900
Days on Market
6 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

Nearby Places

Name
Type
Address
Distance
BrewBakers
Cafe
546 King St
0.1 km
Happy Baker The
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0.1 km
Tim Hortons
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612 King St
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The Blue Door Restaurant and Bar
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Lunar Rogue Pub
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Science East
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Fredericton Boyce Farmers Market
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665 George St
0.2 km
Snooty Fox
Restaurant
66 Regent St
0.2 km
Second Cup
Cafe
440 King St #38
0.2 km
M and T Deli
Food
546 Queen St
0.3 km
Isaac's Way
Restaurant
649 Queen St
0.3 km
Cora - Fredericton
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Additional Information about 568 Brunswick Street

This House at 568 Brunswick Street Fredericton, NB with MLS Number nb108812 which includes 9 beds, 5 baths and approximately 3500 sq.ft. of living area listed on Fredericton market by Rajat Sharma - Right Choice Realty at $759,900 7 days ago.

We have found 6 Houses that closely match the specifications of the property located at 568 Brunswick Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 655,000 and 799,900.

The current price of the property is $759,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 16% down payment, the total amount borrowed would be $638,316. This would result in a monthly mortgage payment of $3,553 over a 25-year amortization period.

More Details?
Rajat Sharma
  • Rajat Sharma
  • The Right Choice Realty
  • 506-262-1888