2 River Street, Fredericton
This rental investment has it all: close to amenities, close to major, dependable employers, a family- friendly walkable neighbourhood, positive cash flow, in a trendy upward area, with long-term tenants and the potential for additional units. This 3BR/2Bath freehold townhouse in quickly growing Marysville is walking distance to parks, the trail system, workplaces, the pharmacy and other shops, churches, the baseball field and popular meet-up coffee shop The Landing. With a public transit stop right outside the door and the Hwy 8 bypass minutes away, roads take you uptown, downtown or out to the country in 15 mins. Annual revenue of almost $22,000. SNB lease and security deposit in place. Tenants pay own heat, hot water and lights. The charm of the property, historic Marysville and views of the Nashwaak River combined with special features like outdoor gardening space, oodles of storage, a covered front porch and enclosed back porch attract long-term tenants who take extra care. The property is professionally managed and maintained by Nest PM. With a lower list price than most rentals, this is a great opportunity for first-time investors without the added expense of monthly condo fees or mini home park rental. Seasoned investors may be interested in buying both 2 & 4 River Street. With the new City zoning and additional land included on the corner with 2 River, there is the potential for further development. Note that measurements exclude areas with angled ceilings. (id:1945)
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Property details for 2 River Street, Fredericton
- Type
- Townhouse
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,363 square feet
- Lot Size
- 332
- Stories
- 1.5
- Heating
- Baseboard heaters, Forced air, Oil, Electric
- Exterior
- Wood
- Ownership
- Freehold
- Annual Taxes
- $1,535
Nearby Listings Stat
Estimated price and comparable properties near 2 River Street
Active Listings
4
Min Price
$249,900
Max Price
$449,000
Avg Price
$327,175
Days on Market
28
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Fredericton, New Brunswick / Nouveau-Brunswick
Population
590
Median Age
40.6
Median Income
$34,496
Dwelling Value
$170,885
Housing Tenure
Owners 71%
Renters 31%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 275.7/km²
Avg Shelter Cost: $1,083/mo
Owners with Mortgage: 77.1%
Owners Spending 30%+: 11.4%
Tenants Spending 30%+: 35.7%
English only: 82.2%
French only: 0.8%
English and French: 16.9%
Median Household Income: $62,400
Median Employment Income: $34,880
Price History
Listed
September 24, 2026
by Keller Williams Capital Realty
Current Price
$249,900
Type
Townhouse
For Sale
