191 Second Avenue Moncton, New Brunswick E1C 7Y5

$360,000

Welcome to 191 Second Ave, an income-producing property offering a strong setup for investors or owner-occupiers looking to offset their housing costs. The property features a 3-bedroom, 1-bathroom main/upstairs unit along with a 2-bedroom non-conforming lower unit, each with its own private entrance and laundry facilities. The main unit is currently rented for $1,500/month, with the tenant responsible for electricity for the entire property. The lower unit is rented for $950/month, bringing the current gross rental income to $2,450/month, or $29,400 annually. Both units have their own washer and dryer, providing added convenience and separation between the living spaces. The property is equipped with 200-amp electrical service. With two separate living spaces, private entrances, separate laundry, and established rental income, 191 Second Ave presents an opportunity to add an income-generating property to your portfolio. Whether you're an experienced investor or looking for a property with rental income potential, this property is worth a look. (id:27750)

Property Details

MLS® Number	NB148605
Property Type	Single Family

Building

Bathroom Total	2
Bedrooms Above Ground	3
Bedrooms Total	3
Architectural Style	Bungalow
Construction Style Attachment	Detached
Exterior Finish	Vinyl
Flooring Type	Vinyl
Foundation Type	Concrete
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	1
Size Interior	1,585 Ft2
Total Finished Area	1585 Sqft
Type	House

Land

Acreage	No
Sewer	Municipal Sewage System
Size Irregular	600
Size Total	600 M2
Size Total Text	600 M2

Rooms

Level	Type	Length	Width	Dimensions
Basement	Bedroom			X
Basement	Bedroom			X
Basement	3pc Bathroom			7'5'' x 3'5''
Basement	Kitchen			15'7'' x 11'2''
Main Level	Bedroom			10'1'' x 11'6''
Main Level	Bedroom			11'10'' x 11'2''
Main Level	Bedroom			10'3'' x 8'8''
Main Level	3pc Bathroom			7'6'' x 4'10''
Main Level	Living Room			13'8'' x 11'8''
Main Level	Kitchen/dining Room			14'10'' x 10'6''

https://www.realtor.ca/real-estate/30334683/191-second-avenue-moncton