Property Details

572 Needham Street, Fredericton, New Brunswick

572 Needham Street, Fredericton, New Brunswick (ID NB059563)
Listing Representative
Debbie Shorten portrait
Debbie Shorten
Sales Representative
EXIT Realty Advantage - Fredericton
Cell: 506-260-3298
Tel: 506-455-3948

$599,000 - For Sale

ID#:NB059563

Terrific opportunity to acquire a well maintained 4 unit in the downtown core (w/ample parking) between York & Regent. It’s on a very large LR & kitchen w/dishwasher. The bath & bedrooms are upstairs. Also a deck ($1,300). 2) The middle unit is also two levels w/two large bedrooms ($850). 3) Cute one bedroom unit on the third floor ($600). 4) The two level street frontage unit has three bedrooms & refinished hardwood floors ($950). Five separate meters - tenants pay their own heat & lights. Laundry room w/coin-operated washers & dryers. The vendor pays the electric for laundry room. Current yearly gross income is $50,400. Three of the tenants have been long term w/leases. Three of the leases have renewal dates of July & Aug 2021. Approx ¾ of the roof was replaced in 2017 w/metal. Remainder is asphalt shingles. Shed for storage. Snow removal is contracted at a yearly amount. Damage deposits are with the rentalsman. One owner for the last 13 years.

Property Details
  • Property Address:572 Needham Street, Fredericton, New Brunswick
  • Property Type:Multi Family
  • Taxes:$6,844 (2021)
Structure Details for 572 Needham Street, Fredericton, New Brunswick
  • Structure Type:Fourplex
  • Floor Space:4756 SqFt
  • Exterior Type:Vinyl Siding
Listing Representative for 572 Needham Street, Fredericton, New Brunswick
Debbie Shorten portrait
Debbie Shorten
Sales Representative
EXIT Realty Advantage - Fredericton
Cell: 506-260-3298
Tel: 506-455-3948
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572 Needham Street, Fredericton, New Brunswick

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