Welcome to 191 Second Ave, an income-producing property offering a strong setup for investors or owner-occupiers looking to offset their housing costs. The property features a 3-bedroom, 1-bathroom main/upstairs unit along with a 2-bedroom non-conforming lower unit, each with its own private entrance and laundry facilities. The main unit is currently rented for $1,500/month, with the tenant responsible for electricity for the entire property. The lower unit is rented for $950/month, bringing the current gross rental income to $2,450/month, or $29,400 annually. Both units have their own washer and dryer, providing added convenience and separation between the living spaces. The property is equipped with 200-amp electrical service. With two separate living spaces, private entrances, separate laundry, and established rental income, 191 Second Ave presents an opportunity to add an income-generating property to your portfolio. Whether you're an experienced investor or looking for a property with rental income potential, this property is worth a look. (id:55272)
| MLS® Number | NB148605 |
| Property Type | Single Family |
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| ArchitecturalStyle | Bungalow |
| ConstructionStyleAttachment | Detached |
| ExteriorFinish | Vinyl |
| FlooringType | Vinyl |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 1 |
| SizeInterior | 1585 Sqft |
| TotalFinishedArea | 1585 Sqft |
| Type | House |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 600 |
| SizeTotal | 600 M2 |
| SizeTotalText | 600 M2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom | X | ||
| Basement | Bedroom | X | ||
| Basement | 3pc Bathroom | 7'5'' x 3'5'' | ||
| Basement | Kitchen | 15'7'' x 11'2'' | ||
| Main Level | Bedroom | 10'1'' x 11'6'' | ||
| Main Level | Bedroom | 11'10'' x 11'2'' | ||
| Main Level | Bedroom | 10'3'' x 8'8'' | ||
| Main Level | 3pc Bathroom | 7'6'' x 4'10'' | ||
| Main Level | Living Room | 13'8'' x 11'8'' | ||
| Main Level | Kitchen/dining Room | 14'10'' x 10'6'' |
https://www.realtor.ca/real-estate/30334683/191-second-avenue-moncton
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Parakh Anand