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$ 499,999
Est. payment | /mo
2,607 SqFt
$ 499,999
Est. payment | /mo
2,607 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2607
Square Footage 2,607 sqft
Price per Sqft $191
MLS® Listing ID NB149818
Lot Size 5,747 Sqft
Acres 0.13195427
Property Sub-Type Freehold
Property Description
**SIDE-BY-SIDE DUPLEX WITH EXCITING INVESTMENT & DEVELOPMENT POTENTIAL IN MONCTON!** Steps from downtown Moncton, in a desirable rental and Airbnb market, this well-maintained side-by-side duplex presents an excellent opportunity for investors, developers, or homeowners looking to generate rental income while building equity. Featuring two spacious 4-bedroom units, for a total of 8 bedrooms, the property offers flexibility with two separate electrical meters and optional vacant possession. Additional basement and attic space provides exciting development potential, with the possibility of converting the property into up to 4 residential units, subject to municipal approvals and building requirements. Located in Moncton's flexible Urban Residential (UR) zone, the property also offers opportunities for compatible commercial uses, including offices, personal services, and retail, subject to zoning requirements. Building conversion plans are available upon request. Situated in a quiet, established neighbourhood just steps from downtown businesses, restaurants, shopping, and amenities, this location is attractive for long-term rentals and potential short-term accommodations. **LIVE IN ONE, RENT THE OTHER, OR EXPLORE THE DEVELOPMENT POTENTIAL!** Whether you're looking to expand your investment portfolio, create additional income-producing units, or invest in a property with future growth potential, this is an opportunity worth exploring. All proposed conversions, short-term rental operations, and changes of use are subject to City of Moncton approvals, applicable building codes, permits, and regulations. Buyers are responsible for verifying their intended use. **Contact your REALTOR® today to arrange a private showing!** (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Air Conditioned
Flooring Porcelain Tile, Hardwood
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Avante
Nearby Locations
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