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Home NB Greater Fredericton Fredericton South Devon
138-142 Gibson Street
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$489,850
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138-142 Gibson Street
Fredericton, New Brunswick E3A4E2

MLS® Number: Thresholdnew3

Listing Description

Looking for a strong investment property? Here is 136-138-142 Gibson street! With the commercial/retail unit downstairs and 2 residential units in the back. this property is profitable. The commercial space is approx. 1664sq ft with 2 restrooms, office space, air conditioning, and garage with bay door, and plenty of parking. The location is prime for any business, great visibility with high traffic area. The two residential units in the rear offers additional cash flow. Unit A is a 1 bedroom loft style, 1 bathroom, bright and roomy. Unit A could easily be converted into a two unit with the office space attached at the back. Unit B has 2 generous bedrooms and 1 bedroom, open concept living/dining/kitchen. Lots of parking in the back for both units. New windows throughout the units, heat pumps for and laminate for easy up keep. This property offers positive cashflow for any investor in its current state. Increase cashflow with some minor chances if you wish. (4397005)

Location Description

Main st/route 105 to Gibson st up on the left

Property Summary

Property Type
Single Family
Title
Freehold
Land Size
1182 m2
Built in
1965
Annual Property Taxes
$8,824.63
Time on REALTOR.ca
1028 days

Building

Building Features
Features
Visual exposure
Fire Protection
Smoke Detectors, Alarm system
Rental Equipment
Water Heater
Heating & Cooling
Cooling
Heat Pump
Heating Type
Baseboard heaters, Heat Pump, (Electric)
Exterior Features
Roof Style
Unknown (Metal)
Exterior Finish
Metal, Other
Business
Business Type
Retail and Wholesale (General retail)
Neighbourhood Features
Amenities Nearby
Shopping

Measurements

Total Finished Area
2877 sqft

Land

Other Property Information
Access
Year-round access
Zoning Description
COR 1
Data provided by: Fredericton Real Estate Board

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