40 Emmerson Street, Fredericton
Great Investment Opportunity in Popular Southwood Park! Whether you're looking to add to your real estate portfolio or live in one unit while generating rental income from the other, this property offers plenty of potential. Located in a desirable Fredericton neighbourhood, close to universities, schools, shopping, the hospital and all the amenities of uptown, convenience is a big part of the appeal. Built in 1985, this two-unit property sits on approximately 1/3 of an acre with a private, treed backyard, paved driveway, vinyl siding, and shared laundry. The spacious upper unit features three bedrooms, a large living room, formal dining area and a deck off the kitchen. The lower unit has its own entrance at the back of the home, two bedrooms and an eat-in kitchen. With a little vision and some personal touches, this property offers a great opportunity to build equity while enjoying the benefits of potential rental income. A solid option for investors or buyers looking to make their home work for them! (id:1945)
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Property details for 40 Emmerson Street, Fredericton
- Type
- Multifamily
- Style
- 3 Level
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 1,688 square feet
- Lot Size
- 1322
- Heating
- Baseboard heaters, Electric
- Exterior
- Vinyl
- Ownership
- Freehold
- Annual Taxes
- $5,600
Nearby Listings Stat
Estimated price and comparable properties near 40 Emmerson Street
Active Listings
2
Min Price
$474,900
Max Price
$474,900
Avg Price
$474,900
Days on Market
24
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
963
Median Age
38.6
Median Income
$35,328
Dwelling Value
$229,776
Housing Tenure
Owners 74%
Renters 28%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.8
Pop. Density: 946.7/km²
Avg Shelter Cost: $1,259/mo
Owners with Mortgage: 59.6%
Owners Spending 30%+: 17.3%
Tenants Spending 30%+: 47.4%
English only: 75.1%
English and French: 22.8%
Neither: 1.6%
Median Household Income: $74,240
Median Employment Income: $32,704
Price History
Listed
October 2, 2026
by eXp Realty
Current Price
$474,900
Type
Multifamily
For Sale