$549,900

Just a 2-minute walk from the Avenir Centre, this fully renovated, three-unit income property offers the ideal combination of stability, efficiency, and long-term upside. With one power meter, mini-split heat pumps on all three levels, this building delivers excellent operating margins and predictable returns. Major capital improvements were completed in 2010 with a $100,000 renovation, including new doors and windows throughout. Additional updates include new hardwood flooring (2001) and a new roof installed in (2021). Each unit offers laundry options separate washer and dryer on the main and upper levels, with a hook-up in the lower unit. The lower-level bedroom includes a legal egress window. Exterior features include a double paved driveway accommodating six vehicles, a detached garage, and a 6-foot privacy fence for added privacy and tenant appeal. High-Value Bonus: This property comes pre-approved for a billboard installation on the right side of the building facing Queen Street providing an exceptional opportunity to generate additional passive income in a high-visibility location. Whether you're an owner-occupier or an investor seeking a strategic asset in one of Monctons fastest-growing districts, this property is a rare find. Book your viewing today. (id:31622)

Property Details

MLS® Number	NB130150
Property Type	Multi-family

Building

Appliances	Refrigerator, Stove, Dishwasher
Cooling Type	Air Conditioned, Heat Pump
Exterior Finish	Vinyl
Flooring Type	Ceramic, Laminate, Tile, Hardwood
Foundation Type	Concrete
Heating Fuel	Electric
Heating Type	Baseboard Heaters, Heat Pump
Size Interior	3,150 Ft2
Total Finished Area	3150 Sqft
Type	Triplex
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Municipal Sewage System
Size Irregular	372
Size Total	372 M2
Size Total Text	372 M2

https://www.realtor.ca/real-estate/29104364/22-24-elm-moncton