221-227 Bonaccord Street, Moncton
221-227 Bonaccord Street, Moncton
Property details
- Building area
- 4,144 sq ft
- Lot size
- 5,005 sq ft
- Units
- 4
- Year built
- 1900
- Annual taxes
- $11,347.28/yr
Description
INVESTMENT OPPORTUNITY. PRIME LOCATION. STRONG INCOME POTENTIAL! Add a solid multi-unit asset to your portfolio with this four-unit residential income property ideally located in the heart of Moncton. Featuring four separate electrical panels and a desirable configuration of spacious two-bedroom apartments, this property offers a turnkey investment opportunity with dependable rental income and long-term growth potential. All four units are currently rented at $1,300 per month, with tenants responsible for their own utilities, providing a stable revenue stream. The separate electrical panels help streamline property management while keeping operating costs in check. Recent improvements add significant value and peace of mind, including a new roof and updated siding completed in 2023. Units 221, 223, and 227 were repainted and updated in 2024, while Unit 225 was repainted and updated in 2026, reflecting ongoing care and maintenance throughout the property. Ideally situated just steps from Dr. Georges-L.-Dumont University Hospital Centre and within walking distance to Downtown Moncton, this sought-after location continues to attract quality tenants. Residents enjoy convenient access to healthcare services, shopping, restaurants, public transit, entertainment, and everyday amenities. Whether you’re looking to expand your portfolio, secure a stable income-producing property, or invest in a prime Moncton location, this well-maintained fourplex is an opportunity worth exploring.
Location
221-227 Bonaccord Street, Moncton
Demographics, trade-area scores, comparable sales, and price history for this property — with Premium.
Listing courtesy of Real Broker. Data via Moncton REALTOR® board.
Listing courtesy of Real Broker, Moncton board. Data provided under the NB REALTOR® RETS agreement.
