Well-maintained and extensively updated 5-unit investment property in a highly desirable central Moncton location. Just minutes from downtown, employment centres, shopping, restaurants, and public transit, this property offers the convenience today's tenants are looking for while providing investors with a solid income-producing asset. The building features renovated units with modern finishes, attractive layouts, and balconies that contribute to strong tenant retention and ongoing rental demand. Tenants pay their own heat and lights, helping to keep operating expenses predictable and improve overall returns. Significant exterior improvements were completed in 2025, including the replacement of all decks and exterior staircases, adding both curb appeal and long-term value. Some on-site parking is available for tenants, an increasingly important feature in this central location. With current rents this property offers immediate income with the benefit of a well-maintained building that has already seen lots of upgrades. Whether you're expanding an existing portfolio or acquiring your first multi-family property, this turnkey investment is well-positioned in one of Moncton's strongest rental markets. (id:4069)
Address
260 Robinson Street
List Price
$615,000
Property Type
Multi-family
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Moncton
Floor Area
2,609 Sq. Ft.
Lot Size
3003 Sq M.
MLS® Number
NB142114
Listing Brokerage
Real Broker
Postal Code
E1C5C8
Ownership
Freehold
Appliances
Refrigerator, Stove
Heat Source
Electric
Heat Type
Baseboard heaters
Foundation Details
Concrete
Water Source
Municipal water
Sewer
Municipal sewage system
