Property Description

Attention investors! Located in the heart of Dieppe's commercial district, this five-unit income property offers an excellent opportunity to own a multi-family asset in one of Greater Moncton's most desirable rental locations. Matterport virtual tour available for some units on request. Situated near the intersection of Champlain Street and Paul Street, the property is within walking distance of shopping, restaurants, services, public transit, and the popular riverfront walking trail. CF Champlain is just moments away, with Downtown Moncton only a short drive from the property. The building is legally recognized as a five-unit apartment property and currently consists of a mix of unit sizes including a 3-bedroom unit, two 2-bedroom units, and two 1-bedroom units. The unique layout reflects the property's history and provides a variety of rental accommodations appealing to a broad tenant base. This is an older building that has operated as a rental property for many years and presents an opportunity for investors seeking steady income with future value-add potential through improvements and modernization. Its prime location in a high-demand rental area makes it an attractive addition to an investment portfolio. Rare opportunity to acquire a five-unit property in a central Dieppe location with strong access to amenities, employment centres, shopping, and transportation routes. (id:7434)