$3,800,000

House For Sale In Moncton, New Brunswick

$3,800,000

Property Information:

Explore Mountain Road Estate, a lucrative 2.45-acre property package with 340 ft frontage on Moncton's central Mountain Rd. Zoned R3 with potential for 100-200 condos, it promises high ROI for developers. Two existing houses generate a stable $4,500/month rental income. The package includes an inviting 3-bedroom bungalow, a versatile 3-bedroom house with a 2-bedroom basement apartment, and expansive vacant land, and a small pond, providing unimaginable expansion possibilities. With the unprecedented growth in Greater Moncton, the area has experienced a significant population influx, making it a prime investment location. Positioned on Moncton's central road, Mountain Rd, with access to major facilities and attractions. This investment boasts immediate income, development potential, and natural charm. Seize this rare opportunity for a distinctive and rewarding real estate venture! Seller is open to collaborations. Buyer must do their all due-diligence and verify all information.

Building Features:

  • Garage: Yes
  • Total Finished Area: 3500 Square Feet

Property Features:

  • Bathrooms: 0+0
  • Floor Space (approx): 2500 Square Feet
  • Foundation Basement: None
  • Heating Cooling: Air Conditioning, Baseboard, Electric, Forced Air
  • Lot Size: 2.45 Acres
  • Property Size: 1.0 - 2.99 Acres
  • Property Style:
  • Title To Land: Freehold
  • Water: Community

Courtesy of: Keller Williams Capital Realty

Data provided by: Greater Moncton REALTORS® du Grand Moncton 541 St. George Blvd., Moncton, New Brunswick E1E 2B6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved