5 Bedroom
2 Bathroom
1,600 sqft
Bungalow
Heat Pump
Baseboard Heaters, Heat Pump
$385,000
Welcome to 6 Magee Avenue, Monctonan exceptional income-generating property located in the desirable Sunny Brae neighbourhood. Whether you're an investor looking to expand your portfolio or a homeowner seeking a mortgage helper, this versatile property offers outstanding value and excellent rental potential. The main level is currently rented for $1,800/month and features three spacious bedrooms, a bright living room, a functional kitchen with classic cabinetry, a 4-piece bathroom, and mini-split heat pumps for efficient year-round comfort. The lower level offers a self-contained two-bedroom unit complete with a spacious kitchen, comfortable living room, full bathroom, dedicated laundry area with washer and dryer, and insulated walls. The basement unit is leased for $1,300/month, providing immediate rental income and making this property an even more attractive investment opportunity. Outside, you'll find a large paved driveway, a storage shed, and an expansive adjoining side yard with excellent potential for a detached garage, additional parking, or future development (subject to approvals). Offering strong cash flow, flexible living arrangements, and room to add value, this is a fantastic investment opportunity in one of Moncton's most convenient and established neighbourhoods. (id:63476)
Property Details
|
MLS® Number |
NB143851 |
|
Property Type |
Single Family |
|
Equipment Type |
Other |
|
Features |
Balcony/deck/patio |
|
Rental Equipment Type |
Other |
|
Structure |
Shed |
Building
|
Bathroom Total |
2 |
|
Bedrooms Above Ground |
3 |
|
Bedrooms Below Ground |
2 |
|
Bedrooms Total |
5 |
|
Architectural Style |
Bungalow |
|
Construction Style Attachment |
Detached |
|
Cooling Type |
Heat Pump |
|
Exterior Finish |
Vinyl |
|
Flooring Type |
Laminate, Tile, Vinyl |
|
Foundation Type |
Concrete |
|
Heating Fuel |
Electric |
|
Heating Type |
Baseboard Heaters, Heat Pump |
|
Stories Total |
1 |
|
Size Interior |
1,600 Sqft |
|
Total Finished Area |
1600 Sqft |
|
Type |
House |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Sewer |
Municipal Sewage System |
|
Size Irregular |
780 |
|
Size Total |
780 M2 |
|
Size Total Text |
780 M2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
|
Basement |
3pc Bathroom | | |
X |
|
Basement |
Living Room | | |
X |
|
Basement |
Kitchen | | |
X |
|
Basement |
Bedroom | | |
X |
|
Basement |
Bedroom | | |
X |
|
Main Level |
4pc Bathroom | | |
X |
|
Main Level |
Kitchen | | |
X |
|
Main Level |
Bedroom | | |
10'11'' x 8'4'' |
|
Main Level |
Bedroom | | |
10'8'' x 7'11'' |
|
Main Level |
Bedroom | | |
10'10'' x 10'6'' |
|
Main Level |
Living Room | | |
10'10'' x 14'1'' |