659-661 Union Street Fredericton, NB E3A3N6
Listing Courtesy of: FREDERICTON / Exit Realty Advantage / Josie Livingstone
$550,000

  659-661 Union Street Fredericton, NB E3A3N6

Active (81 Days)

Description

Four-unit apartment in a great location! Situated on Union St., this apartment is close to all amenities such as shopping, schools, and other commercial establishments. Just minutes to downtown! The building consists of two 2-bedroom units, one-bedroom unit and one bachelor unit. Three units have their own washer and dryer. The building has four separate power meters so all tenants pay their own heat and light. Parking spots available. The owners manage their own property. Leases and rent roll available. Annual gross rent is $39,300 and rents can be adjusted to reflect current market rates which can bring an extra $900 a month or a total of $50,100 annual gross rent. Rents have not gone up since 2021. All tenants have security deposits and leases are year to year. Front and side shrubs, and porch planters are virtual.

MLS #:
NB084558
Taxes
$6,775(2023)
Lot Size
7,266 SQFT
Type
Multifamily
Year Built
1914
County
York County
Bathroom Details
Interior Features
  • Laundry Facilities
Property Features
  • Foundation: Block
Heating and Cooling
  • Baseboard
  • Electric
Basement Information
  • Unfinished
Flooring
  • Laminate
Exterior Features
  • Wood
  • Roof: Asphalt Shingle
School Information
  • Middle School: Devon Middle School (6-8)
  • High School: Leo Hayes High School (9-12)
Stories
  • 2
Additional Listing Info
  • Selling Office Commission: 2
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.