About this home

Well-maintained and extensively updated 5-unit investment property in a highly desirable central Moncton location. Just minutes from downtown, employment centres, shopping, restaurants, and public transit, this property offers the convenience today's tenants are looking for while providing investors with a solid income-producing asset. The building features renovated units with modern finishes, attractive layouts, and balconies that contribute to strong tenant retention and ongoing rental demand. Tenants pay their own heat and lights, helping to keep operating expenses predictable and improve overall returns. Significant exterior improvements were completed in 2025, including the replacement of all decks and exterior staircases, adding both curb appeal and long-term value. Some on-site parking is available for tenants, an increasingly important feature in this central location. With current rents this property offers immediate income with the benefit of a well-maintained building that has already seen lots of upgrades. Whether you're expanding an existing portfolio or acquiring your first multi-family property, this turnkey investment is well-positioned in one of Moncton's strongest rental markets. (id:63626)

Listed by: Michelle Hardy, Salesperson, Real Broker

Home facts and features

Price details

List Price

$615,000

Gross Taxes for 2026

$6,521

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

3003 ft²

Depth

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Baseboard heaters, Electric

Appliances

Refrigerator, Stove

Agent details

Primary Agent

Michelle Hardy

Primary Broker

Real Broker

Secondary Agent

Kristen Hawkins

Secondary Broker

Real Broker

Listing details

Days on REW

1 Day

MLS® Number

NB142114

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

4 Schools are within 21km

Edith Cavell School

n/a
K - 8
In Catchment

Moncton Montessori School

n/a
K
In Catchment

Hillsborough Elementary School

n/a
K - 5
In Catchment

Caledonia Regional High School

n/a
6 - 12
In Catchment

260 Robinson StreetMoncton, NB, E1C 5C8