This multi-family in Moncton offers 3,150 sqft of living area on a 372 sqft lot. The property has lot dimensions of 372. The home features tile and hardwood and laminate and ceramic flooring, heat pump, baseboard heaters, electric heating, heat pump, air conditioned.
Just a 2-minute walk from the Avenir Centre, this fully renovated, three-unit income property offers the ideal combination of stability, efficiency, and long-term upside. With one power meter, mini-split heat pumps on all three levels, this building delivers excellent operating margins and predictable returns. Major capital improvements were completed in 2010 with a $100,000 renovation, including new doors and windows throughout. Additional updates include new hardwood flooring (2001) and a new roof installed in (2021). Each unit offers laundry options separate washer and dryer on the main and upper levels, with a hook-up in the lower unit. The lower-level bedroom includes a legal egress window. Exterior features include a double paved driveway accommodating six vehicles, a detached garage, and a 6-foot privacy fence for added privacy and tenant appeal. High-Value Bonus: This property comes pre-approved for a billboard installation on the right side of the building facing Queen Street providing an exceptional opportunity to generate additional passive income in a high-visibility location. Whether you're an owner-occupier or an investor seeking a strategic asset in one of Monctons fastest-growing districts, this property is a rare find. Book your viewing today. (id:60351)
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Listed by Jeremie Bourque, Creativ Realty
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Listing represented by Jeremie Bourque, Creativ Realty · MLS# NB130150
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.