$724,500

29-31 North Street
Moncton, New Brunswick E1c5x7
MLS® Number: NB135279

  • 5801 sqft sq ft

Discover an exceptional investment opportunity in the heart of Monctons sought after Garden Hill Golden Triangle. Ideally located just minutes from the Moncton City Hospital, Dr. Georges L Dumont Hospital, and the Université de Moncton, this four unit property offers strong rental appeal and long term value. The building features 10 bedrooms and 5.5 bathrooms across four spacious units, with updated kitchens over the years and newer appliances. Each unit has separate meters and two private entrances, offering convenience and ease of management. Three units are currently rented on year leases with average rents of approximately $1445 per unit. The main unit is owner occupied and includes a private sunroom or porch along with a dedicated workshop space, making it ideal for an owner occupant or future rental potential. Set on an extra long lot where it meets Winter Avenue, the property includes four parking spaces at the rear and two at the front. A rare find in this prime location. Whether you are expanding your portfolio or seeking a live in investment, this property delivers location, flexibility, and income potential in one of Monctons most desirable areas. (id:34572)


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Property Summary

  • Bedrooms N/A
  • Bathrooms N/A
  • Architectural Style N/A
  • Property Type Multi-family
  • Square Footage 5801 sqft
  • Total Finished Area 5801 sqft
  • Built In N/A
  • Exterior Finish Vinyl
  • Heating Electric Baseboard heaters, Heat Pump
  • Title N/A
  • Rental Equipment N/A
  • Basement Type N/A
  • Parking Type Garage
  • Features N/A
  • Flooring Ceramic, Laminate, Vinyl, Wood
  • Type Fourplex

Land Properties

  • Lot Size 492 m2
  • Access Type Year-round access, Public Road
  • Water Municipal water
  • Features N/A
  • Sewer Municipal sewage system

Property Map