Space
Finished area and layout
- Living Area
- 4,561 sqft
- Above Grade
- 4,561 sqft
- Finished Breakdown
- Above 4,561 sqft
+45 more
4,561 sqft
Living Area
1,289 sqft
Lot
Property Snapshot
Key details for this listing
MLS #NB135722
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
About This Property
This multi-family in Moncton offers 4,561 sqft of living area on a 1,289 sqft lot. The property has lot dimensions of 1289. The home features hardwood and laminate and ceramic flooring, heat pump, baseboard heaters, electric heating, heat pump, a partially finished, full basement.
MLS Remarks
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. (id:60351)
Full Listing Details
Address191-197 Université Avenue
MLS#NB135722
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market199
Common InterestFreehold
Annual Tax$23,286
StyleMultiplex
Living Area4,561 sqft
Above Grade Area4,561 sqft
CityMoncton
ProvinceNew Brunswick
Postal CodeE1C5K4
Lot Size1,289 sqft
Lot Dimensions1289
Lot FeaturesLevel lot, Wheelchair access
Zoning DetailsMU
HeatingHeat Pump, Baseboard heaters, Electric
CoolingHeat Pump
BasementPartially finished, Full
FlooringHardwood, Laminate, Ceramic
FoundationConcrete
AppliancesWasher, Refrigerator, Stove, Dryer
ExteriorOther, Aluminum/Vinyl
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$23,286
Université avenue is directly off Mountain road.
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
