10 & 14 Gilbert St, Fredericton New Brunswick
$1,890,000 - For Sale
These two apartment buildings have 18 units in each building or a total of 36 units. There are 29 two-bedroom units and 7 one-bedroom units. The apartments have undergone extensive renovations in the last five years such as all new windows, new siding, 24 new decks and doors, updated sinks in kitchen and new countertops in most of the kitchens and in 19 bathrooms. Over 70% of the units have new flooring and old carpet removed. New roof on 10 Gilbert and new roof in the extension of 14 Gilbert. More renovations items in the list of upgrades available on request. Gross income based on full occupancy for both buildings is $336,860 and net income is $218, 906. Rent roll and other financial information available.
- Property Type:Commercial
- Lot Size:7060 SQARE METRES
- Structure Type:Residential
- Building Age:44
- Heating Type:Baseboard Heaters, Electric