Property Details

582 Charlotte Street, Fredericton, New Brunswick, E3B1M2

582 Charlotte Street, Fredericton, New Brunswick, E3B1M2 (ID NB069111)
Representative
Lisa Ross portrait
Lisa Ross
Sales Representative
eXp Realty - Fredericton
Cell: 506-461-3955

$599,900 - For sale

ID#:NB069111

Income property in prime downtown location. Just steps away from the laundromat/convenience store and within walking distance to the grocery store and liquor store. On the bus route and short walk to downtown and the River. All 6 units have one year leases. Natural gas provides on demand hot water. Uni t #5 has a ductless split and the other units have electric baseboard heat and forced air heating. Unit #5 also has a washer & dryer. This property has seen many upgrades over the years and the operating expenses are quite stable. no need to worry about finding tenants with this location. Please note that due to rented units, Total SQFT Finished Space is not available. Please contact listing salesperson to set up viewings. All units have been given notice of rental increases that take effect July 1, 2022. New rents will be as follows: #1- $750.00 #2- $800.00 #3- $750.00 #4 - $750 #5 - $1,700.00 #6 - $1,400.00. This adds an additional $375.00 per month in revenue that has been reflected in the revenue section. Snow and Garbage expense is actually snow and lawn. Other expense refers to natural gas expense. Heat and lights included in the rents. Vendor is currently going through the re-zoning process. (id:2471)

Location DescriptionClose to corner of Regent and Charlotte downtown. Sign is up.

Property Details
  • Property Address:582 Charlotte Street, Fredericton, New Brunswick, E3B1M2
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:390
  • Acreage:390 m2
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Year-round access
Structure Details for 582 Charlotte Street, Fredericton, New Brunswick, E3B1M2
  • Heating Type:Electric
  • Storeys:2.5
  • Flooring:Laminate, Wood
  • Basement Type:Full (Unfinished)
  • Foundation Type:Concrete
  • Appliances Included:Refrigerator, Stove, Washer, Dryer
  • Rental Equipment:None
  • Exterior Type:Aluminum siding, Metal
Amenities for 582 Charlotte Street, Fredericton, New Brunswick, E3B1M2 Level lot
Representative
Lisa Ross portrait
Lisa Ross
Sales Representative
eXp Realty - Fredericton
Cell: 506-461-3955
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Listing Office: Barwise Realty Ltd.

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582 Charlotte Street, Fredericton, New Brunswick, E3B1M2

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