2149-2155 Mountain Rd Moncton, New Brunswick E1G 1B5
$3,800,000
Explore Mountain Road Estate, a lucrative 2.45-acre property package with 340 ft frontage on Moncton's central Mountain Rd. Zoned R3 with potential for 100-200 condos, it promises high ROI for developers. Two existing houses generate a stable $4,500/month rental income. The package includes an inviting 3-bedroom bungalow, a versatile 3-bedroom house with a 2-bedroom basement apartment, and expansive vacant land, and a small pond, providing unimaginable expansion possibilities. With the unprecedented growth in Greater Moncton, the area has experienced a significant population influx, making it a prime investment location. Positioned on Moncton's central road, Mountain Rd, with access to major facilities and attractions. This investment boasts immediate income, development potential, and natural charm. Seize this rare opportunity for a distinctive and rewarding real estate venture! Seller is open to collaborations. Buyer must do their all due-diligence and verify all information. (id:42550)
Property Details
| MLS® Number | M157430 |
| Property Type | Single Family |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Basement Type | None |
| Cooling Type | Air Conditioned |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Forced Air |
| Size Interior | 2500 Sqft |
| Total Finished Area | 3500 Sqft |
| Type | House |
| Utility Water | Community Water System |
Parking
| Garage |
Land
| Access Type | Year-round Access |
| Acreage | Yes |
| Size Irregular | 2.45 Acres |
| Size Total Text | 2.45 Acres|1 - 3 Acres |
https://www.realtor.ca/real-estate/26529173/2149-2155-mountain-rd-moncton
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April 11 2024 04:59:58
Greater Moncton REALTORS® du Grand Moncton
Keller Williams Capital Realty