22-24 Elm|Moncton, New Brunswick E1C5T4
Property Details
Multi-family
Description
MLS Number: NB130150
Property Details: • Type: Multi-family • Ownership Type: Freehold • Bedrooms: N/A • Bathrooms: N/A • Building Type: Triplex • 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: 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. (29234514)
Agent Information: • Agents: Jeremie Bourque • Contact: 506-874-4900 • Brokerage: Creativ Realty • Website: http://www.creativrealty.com/
Time on Realtor: N/A
Location
Address
22-24 Elm|Moncton, New Brunswick E1C5T4
City
Moncton
Features and Finishes
None
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