Four separate electrical panelsSpacious two-bedroom apartmentsNew roofUpdated sidingWell-maintained fourplex
INVESTMENT OPPORTUNITY. PRIME LOCATION. STRONG INCOME POTENTIAL! Add a solid multi-unit asset to your portfolio with this four-unit residential income property ideally located in the heart of Moncton. Featuring four separate electrical panels and a desirable configuration of spacious two-bedroom apartments, this property offers a turnkey investment opportunity with dependable rental income and long-term growth potential. All four units are currently rented at $1,300 per month, with tenants responsible for their own utilities, providing a stable revenue stream. The separate electrical panels help streamline property management while keeping operating costs in check. Recent improvements add significant value and peace of mind, including a new roof and updated siding completed in 2023. Units 221, 223, and 227 were repainted and updated in 2024, while Unit 225 was repainted and updated in 2026, reflecting ongoing care and maintenance throughout the property. Ideally situated just steps from Dr. Georges-L.-Dumont University Hospital Centre and within walking distance to Downtown Moncton, this sought-after location continues to attract quality tenants. Residents enjoy convenient access to healthcare services, shopping, restaurants, public transit, entertainment, and everyday amenities. Whether you’re looking to expand your portfolio, secure a stable income-producing property, or invest in a prime Moncton location, this well-maintained fourplex is an opportunity worth exploring.
45 days
|
5
|
0
|
Zillow last checked:
Listing updated:
Listed by:
Martin Gallant, Agent Manager,
Real Broker Brokerage,
Jacques LeBlanc, Salesperson,
Real Broker
Source: New Brunswick Real Estate Board,MLS®#: NB142009
Facts & features
Interior
Heating
Baseboard, Electric
Cooling
Electric
Features
Flooring: Vinyl
Basement: Unfinished
Interior area
Total structure area: 4,144
Total interior livable area: 4,144 sqft
Property
Parking
Parking features: No Garage
Lot
Size: 465 Square Feet
Features: Under 0.5 Acres
Details
Parcel number: 00692384
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Materials
Wood Siding
Foundation: Block, Stone/Rock
Roof: Asphalt
Condition
Year built: 1900
Utilities & green energy
Sewer: Municipal
Water: Municipal
Community & HOA
Location
Region: Moncton
Financial & listing details
Price per square foot: C$151/sqft
Annual tax amount: C$11,347
Date on market: 6/17/2026
Ownership: Freehold
Total actual rent: 5200
Martin Gallant, Agent Manager
Martin Gallant, Agent Manager
(506) 531-5002
By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.