203 Dundonald Street

Fredericton E3B 1X1

Exceptional investment opportunity in prime Downtown Fredericton! Meticulously upgraded home converted into two separate units, with city permit approved for a third unit, ideally positioned near grocery stores, coffee shops, and a vibrant strip mall. The spacious upper-level unit features 2 bedrooms, a stunning new kitchen with stylish LVP flooring (2024), and new laundry hookups (2025). The lower-level unit offers a cozy 1-bedroom layout, complete with a modern full shower room (2024) and over-the-range vent (2023). Situated on a corner lot, the property includes Single driveaway on Dundonald street and Double driveaway on Northumberland street. Over $45,000 in renovations have been invested to ensure a high-quality, income-generating apartment, set for completion in 2025. Major upgrades include a robust 3-ton Central Heat Pump with a 10-year warranty (2023, $16,200), upgraded electrical panel from 100AMP to 200AMP with a new mast (2023, $4,500), and a new sump pump (2024, $600). Additional enhancements include a new back deck (2023, $5,500), secondary driveway (2024, $2,500), and gutter/eavestrough improvements (2023, $1,300). Turnkey and tenant-ready, this property blends modern amenities, exceptional location, and impressive future expansion potentialperfect for savvy investors! (id:2493)