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169 Forest Hill Road
homes for sale · Fredericton
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$699,900

169 Forest Hill Road

Fredericton · MLS® NB150165

1,970 sq ft · 1,003 m² lot · House · Multi-family · 2 days on market

listed by Maria Hanna, REMAX East Coast Elite Realty

realtor's description

An incredible investment opportunity in a highly desirable location! Whether you're looking to expand your real estate portfolio or step into the world of income properties, this fourplex offers fantastic potential in a prime location just minutes from UNB, STU, shopping, restaurants, and everyday amenities. Featuring four self-contained units, including two spacious 2-bedroom apartments and two 1-bedroom apartments, this property offers a versatile rental mix in an area with strong rental appeal. Recent improvements include all new windows and decks, adding value and enhancing the property's appeal. Each unit comes equipped with its own refrigerator and stove, while ample parking accommodates more than five vehicles. Three of four units are currently occupied by tenants on month-to-month leases, offering immediate rental income with flexibility for future plans. The property features three electrical meters, with Apartments 1,3 and 4 individually metered, while Apartments 2 share a meter. Zoned R3, this multi-unit property presents an exciting opportunity for investors looking to build long-term wealth through real estate. Four units. Prime location. Income potential. An investment worth exploring!

property details

type
House, Multi-family
living area
1,970 sq ft
lot
1,003 m²
parking
0
property tax
$7,069 / yr
days on market
2
MLS®
NB150165

features

  • Balcony/Deck/Patio
  • Refrigerator
  • Stove
  • Microwave

monthly cost

$3,638/mo
Mortgage $3,049 · Tax $589

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$3,049/ monthly
loan $559,920
25-year amortization
total interest
$354,899
cash to close
$139,980
down payment; transfer tax and fees not included
total paid
$914,819

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

FrederictonGoogle Maps ↗

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listed by
Maria Hanna
REMAX East Coast Elite Realty
call Maria · 506-260-3589
Powered by: REALTOR.ca

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location

FrederictonGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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