29-31 North Street Moncton, New Brunswick E1C 5X7

$724,500

Discover an exceptional investment opportunity in the heart of Monctons sought after Garden Hill Golden Triangle. Ideally located just minutes from the Moncton City Hospital, Dr. Georges L Dumont Hospital, and the Université de Moncton, this four unit property offers strong rental appeal and long term value. The building features 10 bedrooms and 5.5 bathrooms across four spacious units, with updated kitchens over the years and newer appliances. Each unit has separate meters and two private entrances, offering convenience and ease of management. Three units are currently rented on year leases with average rents of approximately $1445 per unit. The main unit is owner occupied and includes a private sunroom or porch along with a dedicated workshop space, making it ideal for an owner occupant or future rental potential. Set on an extra long lot where it meets Winter Avenue, the property includes four parking spaces at the rear and two at the front. A rare find in this prime location. Whether you are expanding your portfolio or seeking a live in investment, this property delivers location, flexibility, and income potential in one of Monctons most desirable areas. (id:27750)

Property Details

MLS® Number	NB135279
Property Type	Multi-family

Building

Appliances	Refrigerator, Stove, Washer, Dishwasher, Dryer
Cooling Type	Heat Pump
Exterior Finish	Vinyl
Flooring Type	Ceramic, Laminate, Vinyl, Wood
Foundation Type	Concrete
Heating Fuel	Electric
Heating Type	Baseboard Heaters, Heat Pump
Stories Total	3
Size Interior	5,801 Ft2
Total Finished Area	5801 Sqft
Type	Fourplex
Utility Water	Municipal Water

Land

Access Type	Year-round Access, Public Road
Acreage	No
Sewer	Municipal Sewage System
Size Irregular	492
Size Total	492 M2
Size Total Text	492 M2

https://www.realtor.ca/real-estate/29481910/29-31-north-street-moncton