191-197 Université Avenue, Moncton, New Brunswick

Multi-Family for Sale in Moncton

191-197 Université Avenue, Moncton, NB

  • CA$1,600,000
  • 4,561 sq.ft. Home
  • CA$1,600,000

Multi-Family for Sale in Moncton

191-197 Université Avenue, Moncton, NB

  • CA$1,600,000
  • 4,561 sq.ft. Home
  • CA$1,600,000

Key Facts

  • MLS® #: NB135722
  • Property ID: SIRC3247723
  • Property Type: Residential, Multi-Family Home
  • Living Area¹: 4,561 sq.ft.
  • Listed By:
  • Royal LePage Atlantic

Property Description

This great investment property has been fully renovated and includes 2 buildings and a parking lot all on one lot zoned MU. 191 Université includes 6 units, two 1 bedroom, two 2 bedrooms and 2 main floor commercial units. 197 Université is a stand alone building currently optimized for a medical clinic but could easily be adaptable for a wide range of professional uses, including Law or Accounting Firms Specialized Medical Practitioners (Physiotherapy, Dental, etc.), Creative Agencies or Tech Startups. Situated on Université avenue, these buildings benefit from high visibility and foot traffic. The location is a magnet for both commercial tenants seeking professional exposure and residential tenants wanting proximity to the University, local hospitals, and the downtown core. The synergy of the neighborhood ensures a low vacancy rate and consistent demand across all unit types. As the Université corridor continues to develop, property values in this specific pocket are projected to see steady growth. The high-quality renovation ensures that the property will remain competitive in the rental market for decades to come, commanding top-tier rents in any economy.

Listing Agents

Royal LePage Atlantic

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Location

191-197 Université Avenue, Moncton, New Brunswick, E1C 5K4 Canada

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Dataprovided by New Brunswick Real Estate Board. The information is deemed reliable. butis not guaranteed.
¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
Home/New Brunswick/Moncton/MLS® NB135722