347 Brunswick Street Fredericton, NB E3B6H3

Three-unit income property right in the heart of downtown! This charming 20th century property is zoned city centre which accommodates a wide variety of commercial, residential, office, and institutional uses. The front unit had been renovated and was used as a retail store but can be turned back to a residential apartment; at the back of the store space is a kitchen and a half bath that can be restored to a full bath. The second unit is a huge three bedroom (one is a loft bedroom), one-bath apartment. The third unit at the back of the building has two bedrooms and one bathroom. Each unit has separate electric meters. Outside is a paved driveway and parking at the back. Two units are vacant; the two-bedroom unit has long-term tenants and they pay $800 plus utilities. Market rent around $1600 for the 3-bedroom unit and $1400 for the 2-bedroom plus utilities. Front store may be rented for $1500.