647 KITCHEN STREET, Fredericton, New Brunswick E3B3Z9

Opportunity awaits with this income property ideally located just minutes from the university. Offering multiple rental streams, this property is well-suited for investors seeking consistent cash flow in a high-demand rental area. The property features a one-bedroom basement apartment with a separate entrance, along with four individually rented bedrooms on the main level. Current lease structure includes four upstairs tenants on month-to-month agreements, providing flexibility, and a basement tenant on a fixed-term lease through the end of July 2026. The home has seen several updates over the years, including laminate and Berber flooring for durability and ease of maintenance, roof (2019), basement egress windows (2018), front windows (2022), front and back doors (2021), and basement renovation (2023). Additional features include shared laundry and an attached garage for storage. A solid addition to any investment portfolio in a desirable location close to amenities, transit, and the university. (id:39198)