546 High Street Moncton, New Brunswick E1C 6E7

$125,000

546 High St offers an opportunity for investors or contractors in a central Moncton location close to Université de Moncton, hospitals, and schools. With 4 bedrooms and 2 bathrooms, the property has strong potential as a future student rental once repairs and renovations are completed. The home is being sold AS IS WHERE IS with no warranties to the condition of the plumbing, electrical, or heating systems. Water pipes froze and burst, resulting in significant water accumulation in the basement which has since been professionally pumped out and fans installed for over a month. High moisture levels caused buckling of the main floor flooring and, to a lesser extent, the second floor. It is expected the property will require substantial renovation, including removal of drywall and a full interior rebuild. All contents currently in the home will remain and are included in the sale. The refrigerator has been unplugged and will need to be removed by the buyer. As per city, chimney to be fixed or levelled to roof by end of May. Please exercise caution when viewing as floors are uneven and in some areas displaced. The front step has a hole that has been temporarily covered with a piece of wood. Lockbox is located on the front door. This property is suited for buyers prepared to undertake a major renovation project in a location close to university amenities. (id:63476)

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