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20 & 30 Dunns Crossing Road, Fredericton, New Brunswick, E3B2A4

20 & 30 Dunns Crossing Road, Fredericton, New Brunswick (ID NB022068)

$4,900,000 - For sale

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ID#:NB022068

Exceptional Multi-Residential Income Property for Sale Two sixteen-unit buildings on the same PID. Prime rental property located in Skyline Acres/Forest Hill area of Fredericton. On the bus route and walking trail so just a short walk to the Campuses of UNB and Saint Thomas. One building is @ 4 years old and the other @ 8 years old so they are the youngest apartment buildings in the area. These buildings cater to student housing. There are 15 4-bedroom units and 1 3-bedroom unit in each building for a total of 32 units. The unique revenue model used is based on yearly leases for each room. Most rooms rent for $490 per month so there is a total of 126 rental units. Each unit is furnished (except for the bedrooms) with dining room set, living room furniture, flat screen TV plus fridge, stove, dishwasher and washer and dryer. Weekly housekeeping services are also included as is the electricity. Students can live here and not have to worry about fluctuating costs as everything is looked after for them. Plenty of paved parking also included. (id:2471)

Location DescriptionTurn onto Dunns Crossing form Lincoln Road - first property on the right.

Property Details
  • Property Address:20 & 30 Dunns Crossing Road, Fredericton, New Brunswick, E3B2A4
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:8094sq.metres
  • Acreage:8094sq.metres|1 - 3 acres
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Year-round access
Structure Details for 20 & 30 Dunns Crossing Road, Fredericton, New Brunswick, E3B2A4
  • Building Age:2008
  • Heating Type:Electric, Baseboard heaters
  • Storeys:3
  • Flooring:Ceramic, Vinyl
  • Foundation Type:Concrete
  • Appliances Included:Refrigerator, Stove, Washer, Dishwasher, Dryer
  • Rental Equipment:Water Heater
  • Exterior Type:Brick, Vinyl
Amenities for 20 & 30 Dunns Crossing Road, Fredericton, New Brunswick, E3B2A4 Level lot, Landscaped
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Listing Office: Noreen Barwise Realty Ltd.

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20 & 30 Dunns Crossing Road, Fredericton, New Brunswick, E3B2A4

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