42-44 Beech Street, Moncton, New Brunswick E1A4G4

Listing courtesy of RE/MAX Avante.

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List Price
$525,000
MLS®
NB147629
Days on Market
6
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Living Area
2,316
Lot Size Dimensions
437
Lot Size
437

Property Description

*Click on link for 3D virtual tour of this property* Welcome to 42-44 Beech Street, where opportunity, flexibility and location come together. Set in Moncton's convenient Lewisville neighbourhood, this fully tenanted up-and-down duplex offers steady rental income from day one and a practical layout that will appeal to both experienced and first-time investors. With approximately 2,300 sq. ft. of finished living space, it could also offer future potential for an owner to occupy one unit while rental income from the other helps offset the mortgage. The spacious upper unit, #44, features an open-concept kitchen, dining and living area designed for comfortable everyday living. The kitchen includes a centre island, while three bedrooms, including a primary bedroom with a walk-in closet, along with a dedicated office, provide plenty of room. Main-level laundry, a ductless heat pump, a small deck and a bright sunroom addition complete this inviting unit. The lower unit, #42, offers two bedrooms, including a primary bedroom with a walk-in closet, and its own laundry area. A ductless heat pump with electric baseboard backup provides year-round comfort. Outside, the property features low-maintenance vinyl siding, a baby barn for additional storage and a double paved driveway. Two separate electrical meters allow each tenant to pay their own hydro. Located minutes from Champlain Place, restaurants, entertainment, grocery stores and everyday amenities, this is the kind of investment tenants appreciate and owners can feel confident about. Whether you are expanding your portfolio or taking your first step into real estate investing, 42-44 Beech Street offers income, flexibility and long-term potential in a highly convenient location. Call today for additional details or to schedule your private showing. (id:5764)

Additional Information

Ownership
Freehold
Cooling
Heat Pump
Country
Canada
Flooring
Hardwood, Laminate, Ceramic
Sewer
Municipal sewage system
Heating
Heat Pump, Baseboard heaters, Electric
Lot Features
Level lot, Balcony/Deck/Patio
Total Number Of Units
2
Stories
2
Lot Size
437

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Term of Loan
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Calculator source: Real Geeks