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$ 599,000
Est. payment /mo
Active
223 Lewisville Road Moncton, NB E1A2R4
2,270 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,270 sqft
Price per Sqft $263
MLS® Listing ID NB127060
Lot Size 5,220 Sqft
Acres 0.11984611
Property Sub-Type Freehold
Source New Brunswick Real Estate Board
Property Description
Welcome to 223 Lewisville Road, a prime four-unit income property strategically located in the heart of Moncton. With a proven rental history and all four units currently occupied at market rents, this property offers reliable cash flow from day one. Each unit has its own electrical meter, with tenants responsible for their own heat and lights, keeping operating costs low for the owner. Recent capital improvements include renovations to most units, recent roof improvements in 2025, and updated basement spaces, ensuring reduced maintenance and long-term stability. This is a turnkey investment in a high-demand rental area, ideal for building equity while generating steady returns. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Carpeted, Laminate, Tile, Vinyl
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Avante