221-227 Bonaccord Street
Moncton, New Brunswick
MLS® NB142009
$624,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- NB142009
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1900
1 / 28Listing description
INVESTMENT OPPORTUNITY. PRIME LOCATION. STRONG INCOME POTENTIAL!
Add a solid multi-unit asset to your portfolio with this four-unit residential income property ideally located in the heart of Moncton. Featuring four separate electrical panels and a desirable configuration of spacious two-bedroom apartments, this property offers a turnkey investment opportunity with dependable rental income and long-term growth potential. All four units are currently rented at $1,300 per month, with tenants responsible for their own utilities, providing a stable revenue stream.
The separate electrical panels help streamline property management while keeping operating costs in check. Recent improvements add significant value and peace of mind, including a new roof and updated siding completed in 2023. Units 221, 223, and 227 were repainted and updated in 2024, while Unit 225 was repainted and updated in 2026, reflecting ongoing care and maintenance throughout the property.
Ideally situated just steps from Dr. Georges-L. -Dumont University Hospital Centre and within walking distance to Downtown Moncton, this sought-after location continues to attract quality tenants.
Residents enjoy convenient access to healthcare services, shopping, restaurants, public transit, entertainment, and everyday amenities. Whether youre looking to expand your portfolio, secure a stable income-producing property, or invest in a prime Moncton location, this well-maintained fourplex is an opportunity worth exploring.
Property summary
- MLS® number
- NB142009
- Property type
- Multi-family
- Building type
- Fourplex
- Square footage
- 4,144 sq ft
- Title
- Freehold
- Land size
- 465 square meters
- Built in
- 1900
- Annual property taxes
- $11,347.28
- Days on market
- 93 days
Features & details
- Heating
- Baseboard heaters, Electric
- Flooring
- Vinyl
- Exterior features
- Wood
What would this home cost you?
Based on the $624,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Real Broker, 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.