MLS® Number: M157430

2149-2155 Mountain Road

New Brunswick E1G1B5

For sale  
2500 square feet

$3,800,000

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

Address
City
Province
2149-2155 Mountain Road
Moncton
New Brunswick
Zip/Postal Code
Area
Country
E1G1B5
--
Canada

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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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Data provided by: New Brunswick Real Estate Board

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HARSH PABLA

Sales Person

214-748-3647 Mail

Royal Lepage PRG Real Estate Brokerage

9300 Goreway Dr., Suite 201 Brampton, ON, L6P 4N1

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