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$650,000

55 Portledge, Moncton, NB, E1C 5S6

MLS® # NB145507

None Beds

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Moncton NB, E1C 5S6

MLS® # NB145507

Property Information:

Excellent opportunity to acquire a turnkey fourplex in a central Moncton location, just off Mountain Road and close to major amenities, public transportation and Downtown Moncton. The property consists of four residential units, with three currently occupied and Unit 3 vacant, offering flexibility for investors or buyers looking to occupy a unit while generating income from the remaining three.The property features separately metered units, common-area laundry and freshly painted common areas, with an established tenant base already in place. The vacant unit provides an immediate opportunity for a new tenant or owner occupancy.Well positioned for long-term or generational rental income, this fourplex offers a strong combination of existing revenue, future flexibility and convenient access to shopping, services, transit and Moncton's downtown core.

Building Features:

  • Total Finished Area: 4800 Square Feet

Property Features:

  • Built in: 1937
  • Driveway: Gravel
  • Exterior: Vinyl
  • Flooring: Ceramic/Marble, Hardwood
  • Heating Cooling: Baseboard, Electric
  • Property Size: Under 0.5 Acres
  • Roof: Asphalt Shingle
  • Title To Land: Freehold
  • Water: Municipal

Courtesy of: Colliers International New Brunswick

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 55 Portledge, Moncton, NB, E1C 5S6

Demographic Information of 55 Portledge, Moncton, NB, E1C 5S6

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

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