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Back to search Home Countries Canada Moncton 253 West Lane|Moncton, New Brunswick E1C6V5
$800,000

253 West Lane|Moncton, New Brunswick E1C6V5

253 West Lane|Moncton, New Brunswick E1C6V5
Multi-family

About this home

MLS Number: NB130203

Property Details: • Type: Multi-family • Ownership Type: Freehold • Bedrooms: N/A • Bathrooms: N/A • Building Type: N/A • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: N/A • Parking Spaces: N/A

Description: Prime 6-Unit Multifamily Opportunity Steps from the Moncton Hospital Located just a short walk from the Moncton Hospital, this fully renovated 6-unit property is the definition of a turn-key investment. Completely upgraded from top to bottom in 2018, including roof, interiors, plumbing, electrical, and common areas! The building features five 1-bedroom suites of approximately 360 sq. ft. each, plus one additional studio unit, all designed for function and consistent demand. The property has been professionally managed, ensuring strong tenant relations. As of November 1, the property generates a gross monthly rent of $6,600. Consider all-inclusive leases that appeal to healthcare workers, students, and downtown professionals seeking predictable monthly costs. For investors looking to scale, this building could be an excellent candidate for CMHCs MLI Select program, with median market rents and the potential to add energy-efficient upgrades such as ductless heat pumps (buyer to qualify/verify). Whether youre expanding your portfolio or entering the multifamily market with a solid, low-maintenance asset, this centrally located 6-unit delivers reliability, walkability, and long-term potential. Reach out to your REALTOR® for more information. (29239396)

Agent Information: • Agents: Cameron Brioux • Contact: 506-899-1270 • Brokerage: eXp Realty

Time on Realtor: N/A

Property facts

Property type
Multi-family
Days on market
251 days

Features & amenities

Features & finishes
Fully renovated in 2018
6-unit multifamily property
includes roof
interiors
plumbing
electrical
common areas
six units (five 1-bedroom ~360 sq ft and one studio)
all all-inclusive leases
professionally managed
energy-efficient upgrades such as ductless heat pumps potential
walkable location
CMHC MLI Select potential
turnkey investment

Location

Approximate location · exact address shared on inquiry

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Contact agent
CB
Cameron Brioux
eXp Realty
Contact this agent
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