72 Mountain Rd
Mountain Rd, Downtown Core, Moncton, NB, E1C 2K4
Quick Summary
Quick Summary
- Income-generating property with 3 commercial and 3 residential units
- Fully rented units on fixed-term leases providing stable income
- Renovated main floor with 9-foot ceilings and commercial tenants
- Renovated 1-bedroom and 3-bedroom units on top floor with balcony
- Walkout lower level with commercial unit and 1-bedroom apartment
- Recent roof shingle replacement, side step updates, and retaining wall rebuild
- Contiguous PIDs totaling 968 sq/m of land area
- Opportunity to own a fully-leased income-generating property
Income building! Sold as a package of 3 PID totalling 968 SQ/M of land with 1 large rental building at 72-74 Mountain road and 187 Botsford! 3 Commercial and 3 residential units fully rented on fixed term leases! The beautiful and fully renovated main floor with 9 foot ceilings includes 2 commercial tenants, each on 5 year leases. The 2nd... Show More
Income building! Sold as a package of 3 PID totalling 968 SQ/M of land with 1 large rental building at 72-74 Mountain road and 187 Botsford! 3 Commercial and 3 residential units fully rented on fixed term leases! The beautiful and fully renovated main floor with 9 foot ceilings includes 2 commercial tenants, each on 5 year leases. The 2nd floor has 9 foot ceilings as well and features a renovated 1 bedroom unit and a 3 bedroom renovated unit on 2-levels with a balcony and 2 walk-in closets. These 2 top floor units each have all stainless steel appliances, including dishwasher, washer and dryer. The lower level is walkout to the parking lot with only a few steps as the property has a drop-back and includes a commercial unit with high ceilings on a 5 year lease and on the other side, accessible from a side entrance, is a 1 bedroom apartment with an extra large master bedroom. Roof shingles were replaced in November 2021, side steps were updated in April 2022 and the retaining wall rebuilt in May 2023. PIDs included are all next to each other: #00683292, #70288345 and #00680454. Contact your REALTOR® today for more information! (id:54626)
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