94-96-98 Botsford Street, Moncton
$1,750,000 - 5,258 Sf
MLS® # NB138049
Keller Williams Capital Realty
191-197 Université Avenue, Moncton
$1,600,000
0 Beds
0 Baths
4,561 Sqft
.32 Acres
This great investment property has been fully renovated and includes 2 buildings and a parking lot all on one lot zoned MU. 191 Université includes 6 units, two 1 bedroom, two 2 bedrooms and 2 main floor commercial units. 197 Université is a stand alone building currently optimized for a medical clinic but could easily be adaptable for a wide range of professional uses, including Law or Accounting Firms Specialized Medical Practitioners (Physiotherapy, Dental, etc.), Creative Agencies or Tech Startups. Situated on Université avenue, these buildings benefit from high visibility and foot traffic. The location is a magnet for both commercial tenants seeking professional exposure and residential tenants wanting proximity to the University, local hospitals, and the downtown core. The synergy of the neighborhood ensures a low vacancy rate and consistent demand across all unit types. As the Université corridor continues to develop, property values in this specific pocket are projected to see steady growth. The high-quality renovation ensures that the property will remain competitive in the rental market for decades to come, commanding top-tier rents in any economy. (id:6289)
Essential Information
Listing #NB135722
Price$1,600,000
Bathrooms0.00
Square Footage4,561
Acres0.32
TypeMulti-family
Sub-TypeFreehold
Community Information
Address191-197 Université Avenue
CityMoncton
ProvinceNew Brunswick
Postal CodeE1C5K4
Amenities
FeaturesLevel lot, Wheelchair access
Interior
CoolingHeat Pump
Has BasementYes
Appliances
Refrigerator, Stove, Washer, Dryer
Heating
Electric Baseboard heaters, Heat Pump
Exterior
ExteriorOther, Aluminum/Vinyl
Exterior FeaturesLandscaped
FoundationConcrete
Listing Details
OfficeRoyal LePage Atlantic
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