178 Westmorland Street Fredericton, New Brunswick E3B 3L7
$599,900
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. (id:63476)
Property Details
| MLS® Number | NB144884 |
| Property Type | Multi-family |
Building
| Appliances | Refrigerator, Stove, Washer, Dryer |
| Basement Type | Crawl Space |
| Constructed Date | 1967 |
| Exterior Finish | Vinyl, Wood Siding |
| Fire Protection | Smoke Detectors |
| Flooring Type | Laminate, Vinyl, Hardwood |
| Foundation Type | Block, Stone |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Size Interior | 2,900 Sqft |
| Total Finished Area | 2900 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access, Public Road |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 410 |
| Size Total | 410 M2 |
| Size Total Text | 410 M2 |
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July 28 2026 04:11:55
New Brunswick Real Estate Board
RE/MAX East Coast Elite Realty