In-Person: 08/29 12:00 PM - 2:00 PMIn-Person: 08/30 12:00 PM - 2:00 PM
Description
Welcome to 6 Magee Avenue, Monctonan exceptional income-generating property located in the desirable Sunny Brae neighbourhood. Whether you're an investor looking to expand your portfolio or a homeowner seeking a mortgage helper, this versatile property offers outstanding value and excellent rental potential. The main level is currently rented for $1,800/month and features three spacious bedrooms, a bright living room, a functional kitchen with classic cabinetry, a 4-piece bathroom, and mini-split heat pumps for efficient year-round comfort. The lower level offers a self-contained two-bedroom unit complete with a spacious kitchen, comfortable living room, full bathroom, dedicated laundry area with washer and dryer, and insulated walls. The basement unit is leased for $1,300/month, providing immediate rental income and making this property an even more attractive investment opportunity. Outside, you'll find a large paved driveway, a storage shed, and an expansive adjoining side yard with excellent potential for a detached garage, additional parking, or future development (subject to approvals). Offering strong cash flow, flexible living arrangements, and room to add value, this is a fantastic investment opportunity in one of Moncton's most convenient and established neighbourhoods. (id:13843)
Details
| MLS # | NB143851 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 42 |
| Listing Provided By | eXp Realty | Nishit Kevadiya |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,600 |
| Acreage | 0.19 |
Interior
| Cooling | Heat Pump |
|---|---|
| Heating | Heat Pump, Baseboard heaters, Electric |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Balcony/Deck/Patio |
|---|---|
| Foundation Details | Concrete |
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 3846.91 |
|---|
Area Information
| Province | NB |
|---|---|
| City | Moncton |
| Postal Code | E1A3H4 |
| Listing VS Median (in E1A3H4) | |
Price: $385,000 low | high Med: $385,000 sqft: 1,600 low | high Med: 1,600 $ / sqft: $241 low | high Med: $241 On site: 42 low | high Med: 42 | |
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Learn More About This Property
| Open House |
|---|
| In-Person 08/29 12:00 PM - 2:00 PM |
| In-Person 08/30 12:00 PM - 2:00 PM |
| Province | NB |
|---|---|
| City | Moncton |
| Postal Code | E1A3H4 |
| Listing VS Median (in E1A3H4) | |
Price: $385,000 low | high Med: $385,000 sqft: 1,600 low | high Med: 1,600 $ / sqft: $241 low | high Med: $241 On site: 42 low | high Med: 42 | |
