107-109 Highfield, Moncton, New Brunswick E1C5N6

Property Description

This income-generating property offers an excellent opportunity in the heart of downtown Moncton. Ideally situated just steps from the Avenir Centre, the property is surrounded by amenities such as professional services, cafés, restaurants, retail shopping, fitness studios, and convenient access to public transit. The location also provides quick connectivity to major routes such as Wheeler Boulevard and Main Street. The property features 3 separate units with strong rental income potential. Currently, 2 units on the main level are occupied, while the spacious second-level unit is vacant and has been recently updated, providing an excellent opportunity for owner occupancy or immediate rental income. One of the 1-bedroom units comes fully furnished, offering additional flexibility for executive or short-term rental possibilities. The upper-level unit is separately metered, allowing for simplified utility management, while the landlord currently covers hydro costs for the two main-level units. Whether you are expanding your investment portfolio or purchasing your first income property, this centrally located property offers dependable income potential in one of Monctons growing and highly walkable urban areas. PROPERTY TAX NOTE: The 2026 property taxes are currently shown at approximately $9,181.62 and are under appeal/review with the applicable assessment authority. The property is being operated as a residential rental property, and the Vendor anticipates a potential reduction in property taxes should the appeal and proposed residential classification be successful. The current tax amount should not be relied upon as the anticipated future tax amount. Buyers are advised to conduct their own due diligence regarding property tax assessment and classification. For more infomation, contact your favourite REALTOR®. (id:5764)