ATTENTION INVESTORS! Excellent opportunity to add a modernized 5-unit property to your portfolio in the heart of Downtown Moncton. Since acquiring the property, the current owners have modernized all five units, creating attractive and comfortable living spaces for tenants. The building consists of two 2-bedroom units on the main floor, two 1-bedroom units on the second floor, and one 1-bedroom unit on the third floor. The units are rented fully furnished, with competitive rents in place. The furnishings may also be negotiated as part of the sale, offering the potential for a turnkey investment opportunity. A large parking area at the rear of the property provides convenient off-street parking for tenants, a valuable feature in the downtown core. Ideally located in Downtown Moncton, the property offers tenants convenient access to shopping, restaurants, entertainment, public transit and other amenities. With modernized units, established rents, ample parking and a central location, this 5-unit property represents an excellent opportunity for investors looking for an income-producing multi-unit property in one of Moncton's most convenient locations. (id:13843)
| MLS # | NB149232 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 11 |
| Listing Provided By | EXIT Realty Associates | Ricky Cote |
| SQ Feet | 3,892 |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Acreage | 0.11 |
| Heating | Baseboard heaters, Electric |
|---|---|
| Fireplace Yes / No | No |
| Foundation Details | Block |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 5740 |
|---|
| Province | NB |
|---|---|
| City | Moncton |
| Postal Code | E1C5Z4 |
| Listing VS Median (in E1C5Z4) | |
Price: $649,000 low | high Med: $754,000 sqft: 3,892 low | high Med: 4,916 $ / sqft: $167 low | high Med: $156 On site: 11 low | high Med: 64.5 | |
| Province | NB |
|---|---|
| City | Moncton |
| Postal Code | E1C5Z4 |
| Listing VS Median (in E1C5Z4) | |
Price: $649,000 low | high Med: $754,000 sqft: 3,892 low | high Med: 4,916 $ / sqft: $167 low | high Med: $156 On site: 11 low | high Med: 64.5 | |