NB
Moncton
E1C6V5
253 West Lane
253 West Lane, Moncton, NB E1C6V5
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Listing Type
Multi Family
Listing Status
active
4
$800,000

Home Details for 253 West Lane

Price
$800,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Parking
Days on site
20
Listing #
NB130203
Property Description

Prime 6-Unit Multifamily Opportunity Steps from the Moncton Hospital Located just a short walk from the Moncton Hospital, this fully renovated 6-unit property is the definition of a turn-key investment. Completely upgraded from top to bottom in 2018, including roof, interiors, plumbing, electrical, and common areas! The building features five 1-bedroom suites of approximately 360 sq. ft. each, plus one additional studio unit, all designed for function and consistent demand. The property has been professionally managed, ensuring strong tenant relations. As of November 1, the property generates a gross monthly rent of $6,600. Consider all-inclusive leases that appeal to healthcare workers, students, and downtown professionals seeking predictable monthly costs. For investors looking to scale, this building could be an excellent candidate for CMHCs MLI Select program, with median market rents and the potential to add energy-efficient upgrades such as ductless heat pumps (buyer to qualify/verify). Whether youre expanding your portfolio or entering the multifamily market with a solid, low-maintenance asset, this centrally located 6-unit delivers reliability, walkability, and long-term potential. Reach out to your REALTOR® for more information. (id:31684)

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Listing Courtesy: eXp Realty
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EXIT REALTY ASSOCIATES
260 Champlain St, Dieppe, NB E1A 1P3
Nicole LeBlanc
License #: 170377
Sales Rep.
Office
506-382-3948
Agent
506 381 2192
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