For Sale: 371 Lutz Street, Moncton, NB

About this home

Five-unit investment property for sale in downtown Moncton! Located at 371 Lutz Street, between St. George Street and Mountain Road, this apartment building offers five two-bedroom units close to shopping, restaurants, services and downtown amenities. Each apartment has its own electrical panel, with a separate house meter. Heating includes electric baseboards and mini-split heat pumps for added comfort. On-site coin-operated laundry and paved parking provide everyday convenience. The apartments have been renovated over the years, with finishes that include hardwood and ceramic tile flooring, updated kitchens and renovated bathrooms. The building features approximately 4,888 square feet of gross building area and a unfinished poured concrete basement. Whether you are purchasing your first apartment building or expanding your rental property portfolio, this five-unit property offers a central Moncton location and five two-bedroom apartments under one roof. Contact your REALTOR® for current rental income, operating expenses and viewing arrangements. (id:63626)

Listed by: Phil Albert, Salesperson, RE/MAX Quality Real Estate Inc.

Home facts and features

Price details

List Price

$720,000

Gross Taxes for 2026

$9,171

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

5059 ft²

Depth

Title

Freehold

Exterior Finish

Brick, Metal

Heating Type

Baseboard heaters

Cooling

Air Conditioned

Basement Details

Crawl space

Features

Balcony/Deck/Patio, Level lot

Appliances

Refrigerator, Stove

Agent details

Primary Agent

Phil Albert

Primary Broker

RE/MAX Quality Real Estate Inc.

Listing details

Days on REW

4 Days

MLS® Number

NB149090

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

371 Lutz StreetMoncton, NB, E1C 5G8