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Renanza Realty
For sale

39-41 Norwood

Moncton, New Brunswick

MLS® NB144199

$350,000

Status
Active
Property type
Multi-family
MLS® number
NB144199
Bedrooms
Bathrooms
Year built

Listing description

FULLY RENOVATED DUPLEX | STRONG CASH FLOW POTENTIAL | PRIME CENTRAL MONCTON LOCATION Exceptional opportunity for investors seeking stable rental income, long-term appreciation, and a turnkey asset in one of Moncton's most established neighbourhoods. Located at 39-41 Norwood Avenue, this fully rented up-and-down duplex combines immediate cash flow with the flexibility to owner-occupy while offsetting your mortgage, or continue operating as a high-demand rental property. Extensively renovated in recent years, the property features new natural gas furnaces and hot water tanks, new roof shingles, updated electrical panel, renovated kitchens and bathrooms, new flooring, new electric fire alarms, pressure-treated decks and steps, and a second driveway providing additional off-street parking.

The fenced backyard further enhances tenant appeal for families and professionals alike. What makes this property especially attractive is its location. Situated just minutes from Downtown Moncton, Avenir Centre, Université de Moncton, George Dumont Hospital, major employers, restaurants, shopping, and public transit, the property benefits from a broad tenant pool and consistently strong rental demand.

Moncton continues to be one of Atlantic Canada's fastest-growing cities, supported by sustained population growth, infrastructure investment, and a diversified economy, creating favourable conditions for long-term real estate appreciation. Whether you're expanding your portfolio, entering the multi-family market, or looking for a property that offers both immediate income and future upside, this duplex checks all the boxes. Strong location.

Quality renovations. Stable income. Long-term growth potential.

Property summary

MLS® number
NB144199
Property type
Multi-family
Building type
Duplex
Square footage
1,600 sq ft
Title
Freehold
Land size
465 square meters
Annual property taxes
$4,623.00
Days on market
62 days

Features & details

Heating
Natural gas
Basement
Full
Flooring
Hardwood, Vinyl
Appliances
Refrigerator, Stove
Exterior features
Vinyl

What would this home cost you?

Based on the $350,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,628 /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.

39-41 Norwood, Moncton, New Brunswick — For Sale | Renanza