2149-2155 Mountain Road Moncton, New Brunswick E1G 1B5
$3,800,000
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. (id:50541)
Property Details
| MLS® Number | M157430 |
| Property Type | Single Family |
Building
| BasementType | None |
| CoolingType | Air Conditioned |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters, Forced Air |
| SizeInterior | 2500 Sqft |
| TotalFinishedArea | 3500 Sqft |
| Type | House |
| UtilityWater | Community Water System |
Land
| AccessType | Year-round Access |
| Acreage | Yes |
| SizeIrregular | 2.45 |
| SizeTotal | 2.45 Ac |
| SizeTotalText | 2.45 Ac |
https://www.realtor.ca/real-estate/26529173/2149-2155-mountain-road-moncton
150 Edmonton Avenue, Suite 4b
Moncton, New Brunswick E1C 3B9
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December 20 2024 02:50:46
Saint John Real Estate Board Inc
Keller Williams Capital Realty