54-56 Kensington Drive — Moncton, New Brunswick

Income opportunity in the desirable Old West End, just minutes from downtown and beautiful Jones Lake! Located in a very quiet, desirable, family-friendly neighborhoods close to the city, this well-maintained duplex offers two spacious units - upper and lower, each with separate meters, 2 bedrooms, and 1 full bath. The upper unit was fully renovated in 2022, including updates to the kitchen, bathroom, flooring, drywall, and fresh paint, providing modern comfort while maintaining classic charm. It also features a renovated attic space that adds a versatile potential third room, perfect for a home office or sitting area, an additional bedroom, art studio, gym or workshop area. Hardwood flooring runs throughout both units, with the lower unit floors having been refinished. Outdoor spaces are a standout feature, including a large wrap-around deck on the main level and a private balcony/deck for the upper unit. Composite decking enhances the front veranda. Hallway areas were renovated with new drywall, finishing, and fresh paint in 2026. Additional amenities include a storage shed, shared driveway for convenient parking, and washer and dryer hookups for each unit. Upper unit is currently tenant-occupied through May, offering immediate rental income potential. Whether youre looking to expand your investment portfolio or live in one unit while renting the other, this property delivers flexibility, location, and strong income potential. Book your private viewing today! 2025 Rental revenue $1,650/month per each unit for total of $39,600 in 2025 Property Management fee: 5% (now is 6%) Renovations 2022 Upper Unit (Approx. $40,000): Completely renovated upper suite including a new bathroom, new kitchen cabinets, new dishwasher, new drywall in the attic, kitchen and bathroom area, new laminate flooring in the attic, and fresh paint throughout the entire unit. 2026 Hallway (Approx. $10,000): New drywall installation, painting, and finishing in the hallway. (id:63357)