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$549,900
Est. payment /mo
3,150 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,150 sqft
Price per Sqft $174
MLS® Listing ID NB130150
Lot Size 4,004 Sqft
Acres 0.0919232
Property Sub-Type Freehold
Source New Brunswick Real Estate Board
Property Description
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:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Heat Pump,
Cooling Air Conditioned, Heat Pump
Flooring Ceramic, Laminate, Tile, Hardwood
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by Creativ Realty
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Kevin Scharfenberg
Personal Real Estate Corporation | License ID: 180491
Personal Real Estate Corporation License ID: 180491