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191 Second Avenue Moncton, New Brunswick E1C 7Y5

3 Bedroom 2 Bathroom 1585 sqft
Bungalow Baseboard Heaters

$360,000

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)

Property Details

MLS® Number NB148605
Property Type Single Family

Building

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

Land

Acreage No
Sewer Municipal Sewage System
SizeIrregular 600
SizeTotal 600 M2
SizeTotalText 600 M2

Rooms

Level Type 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


Keller Williams Capital Realty
150 Edmonton Avenue, Suite 4b
Moncton, New Brunswick E1C 3B9

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