675 Smythe Street Fredericton, New Brunswick E3B 3G2

$699,900

Located in one of Fredericton's most convenient and sought-after areas, this beautifully renovated tri-plex at 675 Smythe Street offers an exceptional opportunity for both investors and owner-occupiers alike. The main unit features 4 bedrooms and 2 full bathrooms, with washer and dryer hookups already in place in one of the bedrooms to easily create a dedicated laundry room. The property also offers excellent income potential with two additional units, including a bachelor apartment that was recently converted into its own self-contained unit within the past year, complete with new washer and dryer hookups for in-unit laundry. The lower-level 2-bedroom, 1-bath unit offers approximately 550 sq ft of well-utilized living space, providing a comfortable and functional layout ideal for tenants. With its private setting and efficient design, it presents a strong rental option in a high-demand location. Over the last five years, this property has seen substantial improvements throughout. Exterior updates include a metal roof, new siding, added insulation, updated eavestroughs, retaining wall work, and new fencing. Inside, the home has been extensively refreshed with updated trim, flooring, interior doors, beautifully renovated bathrooms, and a stylish kitchen featuring premium appliances. The major systems have also been upgraded with two heat pumps offering four heads, a new boiler, updated plumbing and electrical, as well as an HRV system and dehumidifier specifically for the basement apartment. Four security cameras have been installed around the home, giving additional protection. The location is hard to beat, just minutes from both uptown and downtown Fredericton, close to the University of New Brunswick, shopping, restaurants, schools, parks, and transit. You're also only a short walk to Odell Park for trails, green space, and recreation, while grocery stores like the nearby Atlantic Superstore and other Smythe Street amenities are just minutes away. (id:63476)

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