29-31 North Street — Moncton, New Brunswick

Discover an exceptional investment opportunity in the heart of Monctons sought after Garden Hill Golden Triangle. Ideally located just minutes from the Moncton City Hospital, Dr. Georges L Dumont Hospital, and the Université de Moncton, this four unit property offers strong rental appeal and long term value. The building features 10 bedrooms and 5.5 bathrooms across four spacious units, with updated kitchens over the years and newer appliances. Each unit has separate meters and two private entrances, offering convenience and ease of management. Three units are currently rented on year leases with average rents of approximately $1445 per unit. The main unit is owner occupied and includes a private sunroom or porch along with a dedicated workshop space, making it ideal for an owner occupant or future rental potential. Set on an extra long lot where it meets Winter Avenue, the property includes four parking spaces at the rear and two at the front. A rare find in this prime location. Whether you are expanding your portfolio or seeking a live in investment, this property delivers location, flexibility, and income potential in one of Monctons most desirable areas. (id:63357)