For Sale

$3,800,000

2149-2155 Mountain Road , Moncton, New Brunswick E1G1B5

Remarks

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. (id:7526)

Property Summary

  • Total Finished Area: 3500 sqft
  • Acreage: Yes

Property Features:

  • Access Type:
    Year-round access
  • Ownership Type:
    Freehold
  • Property Type:
    Single Family

Building Features:

  • Basement Type:
    None
  • Building Type:
    House
  • Cooling Type:
    Air Conditioned
  • Heating Fuel:
    Electric
  • Heating Type:
    Baseboard heaters , Forced air

Listing courtesy of: 

Keller Williams Capital Realty

Office Listing: 

Shagun Gupta , Salesperson

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