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$ 624,900
Est. payment | /mo
4,144 SqFt
$ 624,900
Est. payment | /mo
4,144 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 4144
Square Footage 4,144 sqft
Price per Sqft $150
MLS® Listing ID NB142009
Year Built 1900
Lot Size 5,005 Sqft
Acres 0.114904
Property Sub-Type Freehold
Property Description
INVESTMENT OPPORTUNITY. PRIME LOCATION. STRONG INCOME POTENTIAL! Add a solid multi-unit asset to your portfolio with this four-unit residential income property ideally located in the heart of Moncton. Featuring four separate electrical panels and a desirable configuration of spacious two-bedroom apartments, this property offers a turnkey investment opportunity with dependable rental income and long-term growth potential. All four units are currently rented at $1,300 per month, with tenants responsible for their own utilities, providing a stable revenue stream. The separate electrical panels help streamline property management while keeping operating costs in check. Recent improvements add significant value and peace of mind, including a new roof and updated siding completed in 2023. Units 221, 223, and 227 were repainted and updated in 2024, while Unit 225 was repainted and updated in 2026, reflecting ongoing care and maintenance throughout the property. Ideally situated just steps from Dr. Georges-L.-Dumont University Hospital Centre and within walking distance to Downtown Moncton, this sought-after location continues to attract quality tenants. Residents enjoy convenient access to healthcare services, shopping, restaurants, public transit, entertainment, and everyday amenities. Whether youre looking to expand your portfolio, secure a stable income-producing property, or invest in a prime Moncton location, this well-maintained fourplex is an opportunity worth exploring. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Vinyl
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Real Broker
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