Details

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Description

No emails, please. I don’t check emails on here. Only text messages will be answered. Text to 1-506-999-3739 If you call, please leave your name and phone number for a callback. Thank you. 18 minutes drive to downtown or uptown Fredericton. Large farmhouse with lots of potentials! In need of TLC, this property boasts large rooms to accommodate a growing family, located just outside Fredericton. Fronting the walking trail offers 160 acres of a mixture of spruce, Balsam fir, white pine, red maple, white birch, and oak trees. Some thinning was completed in 2000. Fronting Highway 104 where the house sits is 3.5 acres which are back onto the walking trail. There are 2 PIDs . Home is to be sold as-is, where-is. New metal roof installed in 2019/2020. Added blown-in Insulation in all exterior walls and attic as well as upgraded electrical about 15 years ago. The owner was told there is about $30,000 to $35,000 worth of wood to be cut right now. And, the 65 acres of the thinned area of the wood will be ready to harvest in about 10 to 12 years as advised. One short ( 16 feet long x 7 feet high) basement wall needs to be replaced or repaired, Needs a new septic system and possibly a new well to replace the existing sand point well. Plumbing for bathroom and adjacent kitchen needed. Room for the additional bathroom upstairs,. House has good bones, past tenants had done some damage. Is it a fixer-upper or a tear-down? That depends on your skills and/or financial ability. This can be a large piece of an estate or with many possibilities yet so close to the City of Fredericton and Mactaquac Provincial Park. Note: With a $50,000 down payment, the seller can provide a private mortgage on the balance of the selling price at 4 percent interest for a 1-year term, amortizes over 25 years, so that your money can be free up to work on the property. Within 1 year, NO wood can be cut until the buyer arranges a mortgage elsewhere. It just might be a win-win situation. The owner does prefer the buyer to arrange a mortgage elsewhere and buy the property outright.