2149-2155 Mountain Road
New Brunswick E1G1B5
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Overview
2.45
acres
Property Type
Single Family
Title
Freehold
Square Footage
2500 square feet
Annual Property Taxes
$11,959
Time on REALTOR.ca
351 days
Building Type
House
Property Description
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:56270)
Property Details
Property ID
Price
Property Size
26529173
$ 3,800,000
2.45 acres
Property Type
Property Status
Single Family
Active
Address
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Building
Interior Features
Basement
None
Heating & Cooling
Heating Type
Baseboard heaters, Forced air, Electric
Cooling Type
Air Conditioned
Utilities
Water Source
Community Water System
Exterior Features
Measurements
Square Footage
2500 square feet
Mortgage Calculator
- Principal and Interest $ 2,412
- Property Taxes $2,412
- Homeowners' Insurance $2,412
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Royal Lepage PRG Real Estate Brokerage
9300 Goreway Dr., Suite 201 Brampton, ON, L6P 4N1
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