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Duplex For Sale

$519,900

MLS® Number: NB136033

Floor Area

2,016

Land Size

739

Year Built

1967

91 Fairview, Fredericton, New Brunswick

About This Property

Turnkey income property in Fredericton South generating $3,600/month! This well-maintained two-unit property offers strong, stable cash flow and excellent functionality for investors. The building features two self-contained units, including a spacious 3-bedroom upper unit and a fully finished 2-bedroom walkout basement apartment. Each unit is equipped with its own laundry and separate meters, reducing operating complexity and supporting tenant independence. Situated on a corner lot with separate driveways for each unit, the property offers added privacy, easy access, and strong tenant appealkey factors for long-term occupancy and rental stability. Recent improvements include a ductless heat pump for efficient heating and cooling. Additional features include an attached single garage and a rooftop patio, enhancing overall value and marketability. Current rents are $2,000/month (upper unit) and $1,600/month (lower unit). Located in a desirable area close to amenities, schools, and major routes, this is a solid opportunity for investors seeking reliable income in a strong rental market.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer

Cooling

Heat Pump

Flooring

Laminate, Ceramic, Wood

Heating

Heat Pump, Baseboard heaters, Electric

Living Area

2016 sqft

Building & Exterior

Exterior Features

Vinyl

Foundation Details

Concrete

Number Of Units Total

2

Year Built

1967

Land & Location

Lot Features

Corner Site

Lot Size Area

739.0 square meters

Lot Size Dimensions

739

Parcel Number

01504133

Postal Code

E3C1K3

Listing & Financials

Listing Office

eXp Realty

Originating System Name

New Brunswick REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($103,980)
5.5%
25 Years

Estimated Monthly Payment

$2,554

Principal and interest only. Actual rates may vary.

Location & Map

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