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:4069)
Address
774 Reid Street
List Price
$739,900
Property Type
Multi-family
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Fredericton
Floor Area
2,600 Sq. Ft.
Lot Size
780 Sq. Ft.
Year Built
1958
MLS® Number
NB136877
Listing Brokerage
EXIT Realty Advantage
Postal Code
E3B3V9
Features
Balcony/Deck/Patio
