178 Westmorland Street
Fredericton, New Brunswick
MLS® NB144884
$549,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- NB144884
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1967
1 / 28Listing description
Secure your future with this exceptional investment opportunity in one of Fredericton's most desirable downtown locations. This well maintained three unit property offers immediate rental income with exceptional long term growth potential. With current rents below market value, investors have a rare opportunity to increase revenue over time while benefiting from long term appreciation in a high demand rental market.
Each unit is separately metered, offering added convenience and simplified management. Located in the heart of downtown, tenants will enjoy walking distance to restaurants, cafés, shopping, entertainment, parks, schools, public transit, and Fredericton's picturesque riverfront trail system. This unbeatable location continues to attract quality tenants year after year.
Whether you're building your first investment portfolio or adding another strong asset to an existing one, this is the type of property that delivers today and continues to grow in value for years to come. Prime downtown opportunities like this are increasingly difficult to find, making it a smart investment with lasting potential.
Property summary
- MLS® number
- NB144884
- Property type
- Multi-family
- Building type
- Triplex
- Square footage
- 2,900 sq ft
- Title
- Freehold
- Land size
- 410 square meters
- Built in
- 1967
- Annual property taxes
- $6,584.39
- Days on market
- 51 days
Features & details
- Heating
- Baseboard heaters
- Basement
- Crawl space
- Flooring
- Hardwood, Laminate, Vinyl
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Exterior features
- Vinyl, Wood siding
What would this home cost you?
Based on the $549,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REMAX East Coast Elite Realty, Fredericton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.