105 Kings College Rd, Fredericton, NB E3B 2E6

The population of Fredericton has grown tremendously over the last few years, and during that time income properties became hot commodities. So how do you combine maximizing your equity and having an affordable place to live in a great neighborhood like ‘The Hill’? This three unit property could be the opportunity you’ve been looking for. The vacant main floor unit features ‘four’ bedrooms and 1.5 bathrooms. Spacious living room w/ductless heat pump, bright kitchen, and a large deck. Three bedrooms and the main bath are on one side of the LR & kitchen and the 4th bedroom and half bath are on the other. The tenant moved out a few months ago and the vendor decided not to seek a new tenant due to the decision to list the property for sale. The Bachelor apt/granny suite also shares the main level and is accessed by an interior door or separate private entrance. This very cute unit has its’ own deck, and fenced garden area with covered picnic table spot. Separate bedroom area, picture window, open kitchen/LR, and bathroom with shower. Great tenant for three years. Ample parking for both units. The large lower three bedroom unit has its’ own parking and entrance from Smythe St. Three bedrooms and two bathrooms make it an attractive rental. It also has a separate enclosed garden area. The tenant has been there for 8 years and is leaving at the end of July. This unit will need some maintenance & updating. All three units have access to a shared washer and dryer. The metal roof was replaced 7 yrs ago. This property is close to schools, shopping, medical facilities, O’Dell Park, and the downtown City core. On City bus route.