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mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

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178 Westmorland Street
homes for sale · Fredericton
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$549,900

178 Westmorland Street

Fredericton · MLS® NB144884

2,900 sq ft · 410 m² lot · House · Multi-family · built 1967 · 88 days on market

listed by Maria Hanna, REMAX East Coast Elite Realty

realtor's description

Secure your future with this exceptional investment opportunity in one of Fredericton's most desirable downtown locations. This well maintained three unit property offers immediate rental income with exceptional long term growth potential. With current rents below market value, investors have a rare opportunity to increase revenue over time while benefiting from long term appreciation in a high demand rental market. Each unit is separately metered, offering added convenience and simplified management. Located in the heart of downtown, tenants will enjoy walking distance to restaurants, cafés, shopping, entertainment, parks, schools, public transit, and Fredericton's picturesque riverfront trail system. This unbeatable location continues to attract quality tenants year after year. Whether you're building your first investment portfolio or adding another strong asset to an existing one, this is the type of property that delivers today and continues to grow in value for years to come. Prime downtown opportunities like this are increasingly difficult to find, making it a smart investment with lasting potential.

property details

type
House, Multi-family
living area
2,900 sq ft
lot
410 m²
parking
0
year built
1967
property tax
$6,584 / yr
days on market
88
MLS®
NB144884

features

  • Washer
  • Refrigerator
  • Stove
  • Dryer

monthly cost

$2,945/mo
Mortgage $2,396 · Tax $549

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

estimated payment
$2,396/ monthly
loan $439,920
25-year amortization
total interest
$278,838
cash to close
$109,980
down payment; transfer tax and fees not included
total paid
$718,758

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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