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$ 3,790,000
Est. payment | /mo
8 Beds
3 Baths
3,500 SqFt
$ 3,790,000
Est. payment | /mo
8 Beds
3 Baths
3,500 SqFt
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500
Square Footage 3,500 sqft
Price per Sqft $1,082
MLS® Listing ID NB149842
Bedrooms 8
Lot Size 2.450 Acres
Acres 2.45
Property Sub-Type Freehold
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. Vendor is immediate relative of listing Salesperson who is licensed in the Province of New Brunswick (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Forced air,
Cooling Air Conditioned
Flooring Laminate
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold
Listed by Keller Williams Capital Realty
Nearby Locations