22-24 Elm, Moncton

$549,900

New Listing
0 Beds
0 Baths
3,150 Sqft
.09 Acres

Just a 2-minute walk from the Avenir Centre, this fully renovated, three-unit income property offers the ideal combination of stability, efficiency, and long-term upside. With one power meter, mini-split heat pumps on all three levels, this building delivers excellent operating margins and predictable returns. Major capital improvements were completed in 2010 with a $100,000 renovation, including new doors and windows throughout. Additional updates include new hardwood flooring (2001) and a new roof installed in (2021). Each unit offers laundry options separate washer and dryer on the main and upper levels, with a hook-up in the lower unit. The lower-level bedroom includes a legal egress window. Exterior features include a double paved driveway accommodating six vehicles, a detached garage, and a 6-foot privacy fence for added privacy and tenant appeal. High-Value Bonus: This property comes pre-approved for a billboard installation on the right side of the building facing Queen Street providing an exceptional opportunity to generate additional passive income in a high-visibility location. Whether you're an owner-occupier or an investor seeking a strategic asset in one of Monctons fastest-growing districts, this property is a rare find. Book your viewing today. (id:6289)

Essential Information
Listing #NB130150
Price$549,900
Bathrooms0.00
Square Footage3,150
Acres0.09
TypeMulti-family
Sub-TypeFreehold
Community Information
Address22-24 Elm
CityMoncton
ProvinceNew Brunswick
Postal CodeE1C5T4
Interior
CoolingAir Conditioned, Heat Pump
Appliances

Refrigerator, Stove, Dishwasher

Heating

Electric Baseboard heaters, Heat Pump

Exterior
ExteriorVinyl
FoundationConcrete
Listing Details
OfficeCreativ Realty

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