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$525,000

5 Beds 2 Baths 2,316 SQFT 0.00 Acres
Type: Multi-Family

42-44 Beech Street
Moncton, NB E1A4G4

MLS#: NB148667
Varun Mathur
Varun Mathur
Condo Digs
Broker of Record
Phone: 416.839.6150
Office: 416.987.5990
Presented by: RE/MAX Avante

Property Description

 

*Click on link for 3D virtual tour of this property* Welcome to 42-44 Beech Street, where opportunity, flexibility and location come together. Set in Moncton's convenient Lewisville neighbourhood, this fully tenanted up-and-down duplex offers steady rental income from day one and a practical layout that will appeal to both experienced and first-time investors. With approximately 2,300 sq. ft. of finished living space, it could also offer future potential for an owner to occupy one unit while rental income from the other helps offset the mortgage. The spacious upper unit, #44, features an open-concept kitchen, dining and living area designed for comfortable everyday living. The kitchen includes a centre island, while three bedrooms, including a primary bedroom with a walk-in closet, along with a dedicated office, provide plenty of room. Main-level laundry, a ductless heat pump, a small deck and a bright sunroom addition complete this inviting unit. The lower unit, #42, offers two bedrooms, including a primary bedroom with a walk-in closet, and its own laundry area. A ductless heat pump with electric baseboard backup provides year-round comfort. Outside, the property features low-maintenance vinyl siding, a baby barn for additional storage and a double paved driveway. Two separate electrical meters allow each tenant to pay their own hydro. Located minutes from Champlain Place, restaurants, entertainment, grocery stores and everyday amenities, this is the kind of investment tenants appreciate and owners can feel confident about. Whether you are expanding your portfolio or taking your first step into real estate investing, 42-44 Beech Street offers income, flexibility and long-term potential in a highly convenient location. Call today for additional details or to schedule your private showing. (id:7434)


 

Interior Features

Bedrooms

Bedrooms3+2

Other Interior Features

Building Fireplace PresentFalse
Building Heating FuelElectric
Building Heating TypeBaseboard heaters, Heat Pump
Construction Style AttachmentUp and down
Flooring TypeCeramic, Laminate, Hardwood
Living Area Range2,316 sqft

General

Building Cooling TypeHeat Pump
Building TypeMulti-Family
FeaturesLevel lot, Balcony/Deck/Patio
Foundation TypeConcrete
Location DescriptionFrom Veteran's Memorial Highway (Route 15), take the Paul St exit, follow Paul St to Beech St, turn right onto Beech St to the property.
Ownership TypeFreehold
Property TypeSingle Family
Zoning DescriptionR2U

Exterior

Exterior FinishVinyl
Landscape FeaturesLandscaped
SewerMunicipal sewage system

Additional Details

  

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$525,000

5 Beds 2 Baths 2,316 SQFT 0.00 Acres
Type: Multi-Family

42-44 Beech Street
Moncton, NB E1A4G4

MLS#: NB148667
Varun Mathur
Varun Mathur
Condo Digs
Broker of Record
Phone: 416.839.6150
Office: 416.987.5990
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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