Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

  • Price$4,900,000
  • Sq. Ft.48,000
  • Built2008

20 & 30 Dunns Crossing Rd, Fredericton

Exceptional Multi-Residential Income Property for Sale Two sixteen-unit buildings on the same PID. Prime rental property located in Skyline Acres/Forest Hill area of Fredericton. On the bus route and walking trail so just a short walk to the Campuses of UNB and Saint Thomas. One building is @ 4 years old and the other @ 8 years old so they are the youngest apartment buildings in the area. These buildings cater to student housing. There are 15 4-bedroom units and 1 3-bedroom unit in each building for a total of 32 units. The unique revenue model used is based on yearly leases for each room. Most rooms rent for $490 per month so there is a total of 126 rental units. Each unit is furnished (except for the bedrooms) with dining room set, living room furniture, flat screen TV plus fridge, stove, dishwasher and washer and dryer. Weekly housekeeping services are also included as is the electricity. Students can live here and not have to worry about fluctuating costs as everything is looked after for them. Plenty of paved parking also included.

Essential Information

  • MLS® #NB022068
  • Price$4,900,000
  • Square Footage48,000
  • Land Size8094sq.metres, Cleared, Landscaped, Level | 1.0 -2.99 Acres
  • Year Built2008
  • TypeMulti Family
  • Sub-TypeOver 12 Units
  • StatusActive

Interior

  • InteriorCeramic, Vinyl
  • Interior FeaturesAir Exchanger, Built-In Appliances, Laundry Facilities
  • HeatingBaseboard, Electric
  • Has BasementYes
  • BasementConcrete, Fully Finished
  • # of Stories3

Additional Information

  • Date ListedApril 12th, 2019

Community Information

  • Address20 & 30 Dunns Crossing Rd
  • SubdivisionB1 - Skyline Acres/Southwood Park
  • CityFredericton
  • ProvinceNB
  • Postal CodeE3B 2A4

Exterior

  • ExteriorBrick, Vinyl
  • Lot Description8094sq.metres, Cleared, Landscaped, Level
  • RoofAsphalt Shingle

Listing Details

  • Listing AgentMichele Morris
  • Listing OfficeNoreen Barwise Realty Ltd.
Please provide a valid email address.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of The Real Estate Board of the Fredericton Area, Inc . The Detailed Information Sheet includes the name of the participating listing office. Information is deemed reliable but not guaranteed. ©2014 Listings are property of The Real Estate Board of the Fredericton Area, Inc.