Description
This income-generating property offers an excellent opportunity in the heart of downtown Moncton. Ideally situated just steps from the Avenir Centre, the property is surrounded by amenities such as professional services, cafés, restaurants, retail shopping, fitness studios, and convenient access to public transit. The location also provides quick connectivity to major routes such as Wheeler Boulevard and Main Street. The property features 3 separate units with strong rental income potential. Currently, 2 units on the main level are occupied, while the spacious second-level unit is vacant and has been recently updated, providing an excellent opportunity for owner occupancy or immediate rental income. One of the 1-bedroom units comes fully furnished, offering additional flexibility for executive or short-term rental possibilities. The upper-level unit is separately metered, allowing for simplified utility management, while the landlord currently covers hydro costs for the two main-level units. Whether you are expanding your investment portfolio or purchasing your first income property, this centrally located property offers dependable income potential in one of Monctons growing and highly walkable urban areas. For more infomation, contact your favourite REALTOR®. (id:13843)
Details
| MLS # | NB140476 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 159 |
| Listing Provided By | Platinum Atlantic Realty Inc. | Marco DiBonaventura |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,970 |
| Acreage | 0.06 |
Interior
| Heating | Baseboard heaters, Electric |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Stone, Block |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 5943.31 |
|---|
Area Information
| Province | NB |
|---|---|
| City | Moncton |
| Postal Code | E1C5N6 |
| Listing VS Median (in E1C5N6) | |
Price: $389,000 low | high Med: $389,000 sqft: 1,970 low | high Med: 1,970 $ / sqft: $197 low | high Med: $197 On site: 159 low | high Med: 159 | |
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Learn More About This Property
| Province | NB |
|---|---|
| City | Moncton |
| Postal Code | E1C5N6 |
| Listing VS Median (in E1C5N6) | |
Price: $389,000 low | high Med: $389,000 sqft: 1,970 low | high Med: 1,970 $ / sqft: $197 low | high Med: $197 On site: 159 low | high Med: 159 | |
