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22-24 Elm
Moncton New Brunswick E1C5T4 Canada

$539,900

Active Listing ID NB130150
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3,150 square feet
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Multi-family

$539,900

Active Listing ID NB130150
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22-24 Elm Just a 2-minute walk from the Avenir Centre, this fully renovated, three-unit income property offers the ideal combination of stability, efficiency, and long-term upside. With one power meter, mini-split heat pumps on all three levels, this building delivers excellent operating margins and predictable returns. Major capital improvements were completed in 2010 with a $100, 000 renovation, including new doors and windows throughout. Additional updates include new hardwood flooring (2001) and a new roof installed in (2021). Each unit offers laundry options separate washer and dryer on the main and upper levels, with a hook-up in the lower unit. The lower-level bedroom includes a legal egress window. Exterior features include a double paved driveway accommodating six vehicles, a detached garage, and a 6-foot privacy fence for added privacy and tenant appeal. High-Value Bonus: This property comes pre-approved for a billboard installation on the right side of the building facing Queen Street providing an exceptional opportunity to generate additional passive income in a high-visibility location. Whether you're an owner-occupier or an investor seeking a strategic asset in one of Monctons fastest-growing districts, this property is a rare find. Book your viewing today. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Heat Pump, Air Conditioned
  • Exterior Finish: Vinyl
  • Floor Covering: Tile, Hardwood, Laminate, Ceramic
  • Heating Systems: Heat Pump, Baseboard heaters, Electric
  • Additional Features
  • Basement
Listing Changed: 12/9/2025 3:40:57 PM GMT
Source Updated Date: 12/16/2025 10:10:30 PM GMT

Courtesy of: Jeremie Bourque, Salesperson, Creativ Realty