Address not available, Moncton - Multi-family for Sale

Description

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:66096)

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