$499,999
Moncton
Moncton, New Brunswick, E1C6G6
This multi-family property in Moncton is for sale offering roughly 2,607 sq ft of space. It has been on the market 16 days, fresher than the Moncton average of 120 days.
**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 REALTOR® today to arrange a private showing!** (id:66096)
Features and services as supplied by the listing brokerage.
Active: 16 days on market, against an average age of 120 days across the listings currently for sale in this city
This multi-family in Moncton has been listed for 16 days, which is 104 days fresher than the city average of 120. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
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