39-41 Norwood, Moncton, New Brunswick E1C6L8

Property Description

FULLY RENOVATED DUPLEX | STRONG CASH FLOW POTENTIAL | PRIME CENTRAL MONCTON LOCATION Exceptional opportunity for investors seeking stable rental income, long-term appreciation, and a turnkey asset in one of Moncton's most established neighbourhoods. Located at 39-41 Norwood Avenue, this fully rented up-and-down duplex combines immediate cash flow with the flexibility to owner-occupy while offsetting your mortgage, or continue operating as a high-demand rental property. Extensively renovated in recent years, the property features new natural gas furnaces and hot water tanks, new roof shingles, updated electrical panel, renovated kitchens and bathrooms, new flooring, new electric fire alarms, pressure-treated decks and steps, and a second driveway providing additional off-street parking. The fenced backyard further enhances tenant appeal for families and professionals alike. What makes this property especially attractive is its location. Situated just minutes from Downtown Moncton, Avenir Centre, Université de Moncton, George Dumont Hospital, major employers, restaurants, shopping, and public transit, the property benefits from a broad tenant pool and consistently strong rental demand. Moncton continues to be one of Atlantic Canada's fastest-growing cities, supported by sustained population growth, infrastructure investment, and a diversified economy, creating favourable conditions for long-term real estate appreciation. Whether you're expanding your portfolio, entering the multi-family market, or looking for a property that offers both immediate income and future upside, this duplex checks all the boxes. Strong location. Quality renovations. Stable income. Long-term growth potential. (id:5764)