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191 Second AvenueMoncton, NB E1C 7Y5

$360,000List price
3Beds
2Baths
1,585Sq Ft

Description

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:31684)

Property Information

Property type
Residential
Sub-type
Single Family Residence
Structure type
House
Living area
1,585 Sq Ft
Lot dimensions
600
Ownership
Freehold
Listing #
NB148605

Property Features

Heating
Baseboard · Electric
Flooring
Vinyl
Construction
Vinyl Siding
Sewer
Public Sewer

Rooms

Basement

  • 3pc Bathroom3'5'' x 7'5''
  • BedroomX
  • Kitchen11'2'' x 15'7''

Main level

  • 3pc Bathroom4'10'' x 7'6''
  • Kitchen/Dining room10'6'' x 14'10''
  • Bedroom11'6'' x 10'1''
  • Bedroom11'2'' x 11'10''
  • Bedroom8'8'' x 10'3''
  • Living Room11'8'' x 13'8''

Financial Details

Annual taxes
$5,079
Parcel number
00761007

Directions

from Mountain rd take a turn to Killam Drive , turn right on second ave

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Listing Courtesy: Keller Williams Capital Realty

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