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202-216 Sunset Drive

Sunset DrSunset AcresFrederictonNB, E3A 1A5

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Beds
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Baths
$3,999,000
List Price
202-216 Sunset Drive, Fredericton, NB - 1 of 3
202-216 Sunset Drive, Fredericton, NB - 2 of 3
202-216 Sunset Drive, Fredericton, NB - 3 of 3
61 days on market

Quick Summary

  • Expansive 2.5-acre property within city limits
  • Approved plans for 55 additional multi-residential units
  • Extensively renovated 4-building, 19-unit package
  • Ample off-street parking spaces on bus route
  • Convenient access to grocery stores, banks, restaurants
  • Strong rental history and high demand in the area
  • Lucrative income-generating opportunity
  • Potential for long-term growth and stability

Investment opportunity knocks!!! Sitting on over 2.5 acres of land inside the city limit, this four-building/19-unit package also comes with excess land for developing 55 multi-residential units. The vendors have done the preliminary research for the building permits, rezoning, and architectural plans that come included with this sale... Show More

Investment opportunity knocks!!! Sitting on over 2.5 acres of land inside the city limit, this four-building/19-unit package also comes with excess land for developing 55 multi-residential units. The vendors have done the preliminary research for the building permits, rezoning, and architectural plans that come included with this sale package. The four buildings have seen extensive renovations in each, including kitchens, bathrooms, flooring, lighting, painting, and so much more. The property offers ample off-street parking spaces and is on a bus route close to grocery stores, banks, restaurants, and more. With a strong rental history and high demand in the area, this property presents a lucrative income-generating opportunity. Detailed financials and rental income statements are available upon request. Whether youre an experienced investor or looking to expand your portfolio, this multi-unit building offers excellent potential for long-term growth and stability in a thriving real estate market. (id:54626)

Property Details

Build

Year Built
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Model Name
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Basement
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Exterior
Brick, Vinyl
Foundation
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Builder Name
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Stories
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Flooring
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Roof
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Heating & Cooling

Heating
Baseboard heaters, Heat Pump
Cooling
Heat Pump

Utilities

Water
Municipal water
Sewer
Municipal sewage system

Ownership Details

Ownership

Title
Freehold
Zoning
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Source

Listing Brokerage

MLS® Listing
NB103314
Last Updated
September 4, 2024
Brokerage
The Right Choice Realty
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