ATTENTION INVESTORS. 117 Elmwood is a duplex with two additional non-conforming units, offering a strong entry point for rental income in a convenient and easy to find location. The right side of the property is a fully renovated one bedroom unit with its own separate entrance, newer kitchen and modern finishes throughout. The left side is the main unit, a four bedroom four bathroom layout with living room and kitchen with dining space on the main floor and three bedrooms and three bathrooms upstairs. The main floor bedroom and bathroom of this unit is currently being used as a separate non-conforming bachelor suite. The basement of the main unit is a separate non-conforming unit with its own entrance from the rear, featuring three bedrooms(non-conforming), one bathroom, its own kitchen and living room. A large paved parking area at the back of the property serves all units. Whether you are looking to start generating rental income or grow an existing portfolio, this is a strong opportunity, and it also suits an owner occupier who wants to live in one unit and let the others carry the mortgage. (id:4069)
Address
117 Elmwood Drive
List Price
$559,900
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Moncton
Floor Area
2,389 Sq. Ft.
Lot Size
650 Sq M.
MLS® Number
NB144449
Listing Brokerage
eXp Realty
Postal Code
E1A1X2
Ownership
Freehold
Heat Source
Electric
Heat Type
Baseboard heaters, Heat Pump
Cooling Features
Heat Pump
Foundation Details
Block
Water Source
Municipal water
Sewer
Municipal sewage system
