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Renanza Realty
For sale

117 Elmwood Drive

Moncton, New Brunswick

MLS® NB144449

$499,900

Status
Active
Property type
Multi-family
MLS® number
NB144449
Bedrooms
Bathrooms
Year built

Listing description

ATTENTION INVESTORS. 117 Elmwood is a duplex with two additional non-conforming units, offering a strong entry point for rental income in a convenient and easy to find location. The right side of the property is a fully renovated one bedroom unit with its own separate entrance, newer kitchen and modern finishes throughout.

The left side is the main unit, a four bedroom four bathroom layout with living room and kitchen with dining space on the main floor and three bedrooms and three bathrooms upstairs. The main floor bedroom and bathroom of this unit is currently being used as a separate non-conforming bachelor suite. The basement of the main unit is a separate non-conforming unit with its own entrance from the rear, featuring three bedrooms(non-conforming), one bathroom, its own kitchen and living room.

A large paved parking area at the back of the property serves all units. Whether you are looking to start generating rental income or grow an existing portfolio, this is a strong opportunity, and it also suits an owner occupier who wants to live in one unit and let the others carry the mortgage.

Property summary

MLS® number
NB144449
Property type
Multi-family
Building type
Duplex
Square footage
2,389 sq ft
Title
Freehold
Land size
650 square meters
Annual property taxes
$7,457.00
Days on market
52 days

Features & details

Heating
Heat Pump, Baseboard heaters, Electric
Cooling
Heat Pump
Flooring
Hardwood, Porcelain Tile
Exterior features
Vinyl

What would this home cost you?

Based on the $499,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,326 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of eXp Realty, Moncton.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.