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$350,000

39-41 Norwood, Moncton, NB, E1C 6L8

MLS® # NB144199

None Beds

QuickQuoteTM: $315K - $377K

Moncton NB, E1C 6L8

MLS® # NB144199

Property Information:

FULLY RENOVATED DUPLEX | STRONG CASH FLOW POTENTIAL | PRIME CENTRAL MONCTON LOCATIONExceptional opportunity for investors seeking stable rental income, long-term appreciation, and a turnkey asset in one of Moncton's most established neighbourhoods. Located at 39-41 Norwood Avenue, this fully rented up-and-down duplex combines immediate cash flow with the flexibility to owner-occupy while offsetting your mortgage, or continue operating as a high-demand rental property.Extensively renovated in recent years, the property features new natural gas furnaces and hot water tanks, new roof shingles, updated electrical panel, renovated kitchens and bathrooms, new flooring, new electric fire alarms, pressure-treated decks and steps, and a second driveway providing additional off-street parking. The fenced backyard further enhances tenant appeal for families and professionals alike.What makes this property especially attractive is its location. Situated just minutes from Downtown Moncton, Avenir Centre, Université de Moncton, George Dumont Hospital, major employers, restaurants, shopping, and public transit, the property benefits from a broad tenant pool and consistently strong rental demand. Moncton continues to be one of Atlantic Canada's fastest-growing cities, supported by sustained population growth, infrastructure investment, and a diversified economy, creating favourable conditions for long-term real estate appreciation.Whether you're expanding your portfolio, entering the multi-family market, or looking for a property that offers both immediate income and future upside, this duplex checks all the boxes.Strong location. Quality renovations. Stable income. Long-term growth potential.

Building Features:

  • Total Finished Area: 1600 Square Feet

Property Features:

  • Exterior: Vinyl
  • Flooring: Hardwood, Vinyl
  • Heating Cooling: Natural Gas
  • Property Size: Under 0.5 Acres
  • Roof: Asphalt Shingle
  • Title To Land: Freehold
  • Water: Municipal

Courtesy of: eXp Realty

Data provided by: New Brunswick REALTORS® du Nouveau-Brunswick 541 St. George Blvd., Moncton, New Brunswick E1E 2B6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 39-41 Norwood, Moncton, NB, E1C 6L8

Demographic Information of 39-41 Norwood, Moncton, NB, E1C 6L8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$108,068.36

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.82 %

High school certificate or equivalent

28.43 %

Apprenticeship trade certificate/diploma

4.8 %

College/non-university certificate

21.13 %

University certificate (below bachelor)

2.61 %

University Degree

30.21 %

Commuter

Travel To Work

By Car

71.86 %

By Public Transit

2.6 %

By Walking

21.12 %

By Bicycle

1.36 %

By Other Methods

3.06 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.11 %

Houses

58.89 %

Own Vs. Rent