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In-PersonVirtual Tour
$ 505,900
Est. payment | /mo
3,156 SqFt
$ 505,900
Est. payment | /mo
3,156 SqFt
Open House
Sat Aug 29, 2:00pm - 4:00pm
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3156
Square Footage 3,156 sqft
Price per Sqft $160
MLS® Listing ID NB136905
Lot Size 5,747 Sqft
Acres 0.13195427
Property Sub-Type Freehold
Property Description
Exceptional Investment, Development & Business Opportunity in Moncton Spacious side-by-side duplex in Monctons flexible Urban Residential (UR) zone. Each unit offers 3 bedrooms, for a total of 6 bedrooms, ideal for investors, owner-occupants, or multigenerational living. Currently configured as two residential units, the property offers additional basement and attic space with potential for conversion into up to 4 units. Four-unit residential use is permitted in the UR zone, subject to municipal review, permits, code compliance, and required approvals. UR zoning also allows certain compatible business and commercial uses, including retail, offices, personal services, restaurants, and other permitted uses, offering excellent flexibility for investors, entrepreneurs, and professionals. As an added benefit, the sellers design business will provide complete drawings for one buyer-selected concept: conversion into 4 residential units OR a proposed permitted business/commercial use. Drawings will be included under terms agreed upon by buyer and seller. Highlights:? Side-by-side duplex with 2 existing units? 3 bedrooms per unit, 6 bedrooms total? Separate living spaces and excellent rental potential? Basement and attic development potential? Potential for up to 4 residential units? Flexible UR zoning? Drawings for one selected conversion concept included? Multiple income and redevelopment opportunities? Suitable for investors, developers, entrepreneurs or owner-occupants Live in one unit and rent the other, accommodate extended family, pursue a 4-unit conversion, or explore a permitted business use. A versatile property offering multiple paths for income generation and future growth. Drawings do not constitute municipal approval. Buyers must confirm intended use with the City of Moncton and obtain all required zoning, building, development, fire, and occupancy approvals. Contact your REALTOR® today to book your private showing! (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Forced air, Heat Pump, ,
Cooling Air Conditioned, Heat Pump
Flooring Porcelain Tile, Hardwood
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://my.matterport.com/show/?m=DKERH3Bqp9k&mls=1
Listed by EXIT Realty Associates
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