191-197 Université Avenue, Moncton, NB, E1C5K4

Property Details: - Type: Multi-family - Bedrooms: 0 - Bathrooms: 0 - MLS#: NB135722 Listed By: ROYAL LEPAGE ATLANTIC

This great investment property has been fully renovated and includes 2 buildings and a parking lot all on one lot zoned MU. 191 Université includes 6 units, two 1 bedroom, two 2 bedrooms and 2 main floor commercial units. 197 Université is a stand alone building currently optimized for a medical clinic but could easily be adaptable for a wide range of professional uses, including Law or Accounting Firms Specialized Medical Practitioners (Physiotherapy, Dental, etc.), Creative Agencies or Tech Startups. Situated on Université avenue, these buildings benefit from high visibility and foot traffic. The location is a magnet for both commercial tenants seeking professional exposure and residential tenants wanting proximity to the University, local hospitals, and the downtown core. The synergy of the neighborhood ensures a low vacancy rate and consistent demand across all unit types. As the Université corridor continues to develop, property values in this specific pocket are projected to see steady growth. The high-quality renovation ensures that the property will remain competitive in the rental market for decades to come, commanding top-tier rents in any economy. (id:65070) This multi-family home located at 197 Université Avenue, Moncton is currently for sale and has been available on Zolo.ca for 5 days. This property is listed at $1,600,000 with an estimated mortgage of $5,889* per month. It has beds and bathrooms. 197 Université Avenue, Moncton is in Moncton.