Welcome to 774 Reid Street - a rare 14-bedroom rental property ideally situated in one of Fredericton's most sought-after areas. Just minutes from local universities, this high-demand location consistently attracts student and young professional tenants, making it a strong and reliable income-generating asset. This well-positioned property is close to all essential amenities including shopping, restaurants, public transit, and downtown conveniences, ensuring maximum appeal and occupancy potential. With its large bedroom count and unbeatable location, this property offers excellent cash flow opportunities and long-term investment stability. Whether you're expanding your portfolio or looking for an income property in a proven rental area, 774 Reid Street is a standout choice. Some of the long-term tenants are paying lower rents, but may be increased to reflect the higher market rent. Living room photos have been virtually staged. (id:24320)
| MLS® Number | NB136877 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Features | Balcony/deck/patio |
| Rental Equipment Type | Water Heater |
| Structure | Shed |
| Appliances | Refrigerator, Microwave, Stove, Washer, Dryer |
| Constructed Date | 1958 |
| Exterior Finish | Vinyl |
| Flooring Type | Laminate, Tile, Wood |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Size Interior | 2,600 Ft2 |
| Total Finished Area | 2600 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
| Access Type | Year-round Access, Public Road |
| Acreage | No |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Irregular | 780 |
| Size Total | 780 M2 |
| Size Total Text | 780 M2 |
https://www.realtor.ca/real-estate/29648238/774-reid-street-fredericton
Contact us for more information
Josie Livingstone
Salesperson
(506) 455-3948
(506) 455-5841
www.exitadvantage.ca/