Key Facts
- MLS® #: NB130203
- Property ID: SIRC2986488
- Property Type: Residential, Multi-Family Home
- Living Space: 2,160 sq.ft.
- Listed By:
- eXp Realty
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 CMHC’s 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 you’re 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.
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Location
253 West Lane, Moncton, New Brunswick, E1C 6V5 Canada
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