2,607 sqft
Air Conditioned
Forced Air
$499,999
**SIDE-BY-SIDE DUPLEX WITH EXCITING INVESTMENT & DEVELOPMENT POTENTIAL IN MONCTON!** Steps from downtown Moncton, in a desirable rental and Airbnb market, this well-maintained side-by-side duplex presents an excellent opportunity for investors, developers, or homeowners looking to generate rental income while building equity. Featuring two spacious 4-bedroom units, for a total of 8 bedrooms, the property offers flexibility with two separate electrical meters and optional vacant possession. Additional basement and attic space provides exciting development potential, with the possibility of converting the property into up to 4 residential units, subject to municipal approvals and building requirements. Located in Moncton's flexible Urban Residential (UR) zone, the property also offers opportunities for compatible commercial uses, including offices, personal services, and retail, subject to zoning requirements. Building conversion plans are available upon request. Situated in a quiet, established neighbourhood just steps from downtown businesses, restaurants, shopping, and amenities, this location is attractive for long-term rentals and potential short-term accommodations. **LIVE IN ONE, RENT THE OTHER, OR EXPLORE THE DEVELOPMENT POTENTIAL!** Whether you're looking to expand your investment portfolio, create additional income-producing units, or invest in a property with future growth potential, this is an opportunity worth exploring. All proposed conversions, short-term rental operations, and changes of use are subject to City of Moncton approvals, applicable building codes, permits, and regulations. Buyers are responsible for verifying their intended use. **Contact your REALTORĀ® today to arrange a private showing!** (id:63476)
Property Details
|
MLS® Number |
NB149818 |
|
Property Type |
Multi-family |
Building
|
Cooling Type |
Air Conditioned |
|
Exterior Finish |
Vinyl |
|
Flooring Type |
Porcelain Tile, Hardwood |
|
Foundation Type |
Concrete |
|
Heating Fuel |
Electric |
|
Heating Type |
Forced Air |
|
Stories Total |
3 |
|
Size Interior |
2,607 Sqft |
|
Total Finished Area |
2607 Sqft |
|
Type |
Duplex |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Sewer |
Municipal Sewage System |
|
Size Irregular |
534 |
|
Size Total |
534 M2 |
|
Size Total Text |
534 M2 |