Description
Welcome to 191 Second Ave, an income-producing property offering a strong setup for investors or owner-occupiers looking to offset their housing costs. The property features a 3-bedroom, 1-bathroom main/upstairs unit along with a 2-bedroom non-conforming lower unit, each with its own private entrance and laundry facilities. The main unit is currently rented for $1,500/month, with the tenant responsible for electricity for the entire property. The lower unit is rented for $950/month, bringing the current gross rental income to $2,450/month, or $29,400 annually. Both units have their own washer and dryer, providing added convenience and separation between the living spaces. The property is equipped with 200-amp electrical service. With two separate living spaces, private entrances, separate laundry, and established rental income, 191 Second Ave presents an opportunity to add an income-generating property to your portfolio. Whether you're an experienced investor or looking for a property with rental income potential, this property is worth a look. (id:374)
Details
| MLS # | NB148605 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 44 |
| Listing Provided By | Keller Williams Capital Realty | Parakh Anand |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,585 |
| Acreage | 0.15 |
Interior
| Heating | Baseboard heaters, Electric |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Concrete |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|
Taxes
| Tax Annual Amount | 5079.3 |
|---|
Area Information
| Province | NB |
|---|---|
| City | Moncton |
| Postal Code | E1C7Y5 |
| Listing VS Median (in E1C7Y5) | |
Price: $360,000 low | high Med: $364,500 sqft: 1,585 low | high Med: 1,728 $ / sqft: $227 low | high Med: $212 On site: 44 low | high Med: 56 | |
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Learn More About This Property
| Province | NB |
|---|---|
| City | Moncton |
| Postal Code | E1C7Y5 |
| Listing VS Median (in E1C7Y5) | |
Price: $360,000 low | high Med: $364,500 sqft: 1,585 low | high Med: 1,728 $ / sqft: $227 low | high Med: $212 On site: 44 low | high Med: 56 | |
