424 Preistman Street

Welcome to an exceptional investment opportunity in the center of vibrant uptown Fredericton. This modern four-unit, two-bedroom apartment building is ideally situated in a prime location, offering investors a high-return asset that is incomparable in the town. With various shopping, schools, banks, and restaurants just a short walk away, this property is perfect for those seeking the convenience of city living. The strong rental demand in the area provides steady income streams for investors. The building is only 11 years old and professionally managed, with all conditions updated regularly. Lower maintenance costs and efficient utilities make this property an excellent investment. Each unit features laundry, individual meters, natural gas-forced air heat pumps, stainless steel appliances, and a walk-in closet bedroom. The fenced yard provides approximately five parking spaces, and each resident has a storage unit beside the building. This rare opportunity to own a newer investment multi-unit property in a prime uptown location should not be missed. (id:54626)