For Sale: 39-41 Norwood, Moncton, NB

About this home

FULLY RENOVATED DUPLEX | STRONG CASH FLOW POTENTIAL | PRIME CENTRAL MONCTON LOCATION Exceptional opportunity for investors seeking stable rental income, long-term appreciation, and a turnkey asset in one of Moncton's most established neighbourhoods. Located at 39-41 Norwood Avenue, this fully rented up-and-down duplex combines immediate cash flow with the flexibility to owner-occupy while offsetting your mortgage, or continue operating as a high-demand rental property. Extensively renovated in recent years, the property features new natural gas furnaces and hot water tanks, new roof shingles, updated electrical panel, renovated kitchens and bathrooms, new flooring, new electric fire alarms, pressure-treated decks and steps, and a second driveway providing additional off-street parking. The fenced backyard further enhances tenant appeal for families and professionals alike. What makes this property especially attractive is its location. Situated just minutes from Downtown Moncton, Avenir Centre, Université de Moncton, George Dumont Hospital, major employers, restaurants, shopping, and public transit, the property benefits from a broad tenant pool and consistently strong rental demand. Moncton continues to be one of Atlantic Canada's fastest-growing cities, supported by sustained population growth, infrastructure investment, and a diversified economy, creating favourable conditions for long-term real estate appreciation. Whether you're expanding your portfolio, entering the multi-family market, or looking for a property that offers both immediate income and future upside, this duplex checks all the boxes. Strong location. Quality renovations. Stable income. Long-term growth potential. (id:63626)

Listed by: Art Dadson, Salesperson, eXp Realty

Home facts and features

Price details

List Price

$350,000

Gross Taxes for 2026

$4,623

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

5005 ft²

Depth

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Natural gas

Basement Details

Full

Appliances

Refrigerator, Stove

Agent details

Primary Agent

Art Dadson

Primary Broker

eXp Realty

Secondary Agent

Matthew McCormick

Secondary Broker

eXp Realty

Listing details

Days on REW

4 Days

MLS® Number

NB144199

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

4 Schools are within 21km

Moncton Montessori School

n/a
K
In Catchment

Edith Cavell School

n/a
K - 8
In Catchment

Hillsborough Elementary School

n/a
K - 5
In Catchment

Caledonia Regional High School

n/a
6 - 12
In Catchment

39-41 NorwoodMoncton, NB, E1C 6L8