Fredericton Real Estate News Blog | Larry Booker

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132 Golf Club Road, Fredericton, NB

I just finished uploading this Apartment Building for sale, 132 Golf Club Road, Fredericton, NB

Prime Investment property located in highly sought after neighbourhood. This well maintained 8 unit property is located only steps away from the Fredericton Golf Course and backing onto a city park. Property consists of 4 one bedroom units rented for $600/month, 1 two bedroom unit rented for $640/month, 1 bachelor unit rented for $600/month, owners quarters of 3 bedrooms and 2 bathrooms with potential rental of $1,000/month and 1 commercial space ( or potential for another one bedroom apartment ) of approx 1,000 sqft for $695/month. All rents below current market values with several long term tenants. Several recent upgrades including new roof shingles ( 2010 ), mostly new windows , new siding and new patio doors ( 2010 ). Excellent long term investment.