3,524 sqft
Baseboard Heaters
$990,000
A brand-new fourplex investment opportunity in a convenient central Moncton location. Construction just completed on August 1st! 2 units are already rented at $1525 and $1575 a month, and 2 units still vacant for owner occupier or an investor. Once fully occupied, projected Yearly Revenue is $76,000! Pro Forma net income is $57,000. Thoughtfully designed with todays tenants in mind, the property comprises three 2-bedroom units and one generously sized 1-bedroom, 2-bathroom unit. Each unit offers approximately 880 sq. ft. of bright, functional living space, for a total building area of 3,524 sq. ft. Located near downtown amenities, transit, shopping, dining, and employment centres, this turnkey multi-unit property presents an excellent opportunity to add a newly constructed, low-maintenance asset to your portfolio. The building features cement-board siding, an asphalt-shingle roof, concrete foundation, vinyl flooring, electric baseboard heating, and municipal sewer service. Civic addresses include 42 Winnipeg Street, 7 Baltic Street, 9 Baltic Street, and 11 Baltic Street, Moncton, NB. (id:63476)
Property Details
|
MLS® Number |
NB147725 |
|
Property Type |
Multi-family |
|
Equipment Type |
None |
|
Rental Equipment Type |
None |
Building
|
Basement Type |
None |
|
Constructed Date |
2026 |
|
Exterior Finish |
Vinyl, Wood |
|
Flooring Type |
Vinyl |
|
Foundation Type |
Concrete, Slab |
|
Heating Type |
Baseboard Heaters |
|
Size Interior |
3,524 Sqft |
|
Total Finished Area |
3524 Sqft |
|
Type |
Fourplex |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Sewer |
Municipal Sewage System |
|
Size Irregular |
0.11 |
|
Size Total |
0.11 Ac |
|
Size Total Text |
0.11 Ac |