6 Magee Avenue, Moncton, New Brunswick E1A 3H4
$385,000
- 5 bedrooms
- 2 bathrooms
- 1,600 Square Feet
Welcome to 6 Magee Avenue, Monctonan exceptional income-generating property located in the desirable Sunny Brae neighbourhood. Whether you're an investor looking to expand your portfolio or a homeowner seeking a mortgage helper, this versatile property offers outstanding value and excellent rental potential. The main level is currently rented for $1,800/month and features three spacious bedrooms, a bright living room, a functional kitchen with classic cabinetry, a 4-piece bathroom, and mini-split heat pumps for efficient year-round comfort. The lower level offers a self-contained two-bedroom unit complete with a spacious kitchen, comfortable living ... read more
Welcome to 6 Magee Avenue, Monctonan exceptional income-generating property located in the desirable Sunny Brae neighbourhood. Whether you're an investor looking to expand your portfolio or a homeowner seeking a mortgage helper, this versatile property offers outstanding value and excellent rental potential. The main level is currently rented for $1,800/month and features three spacious bedrooms, a bright living room, a functional kitchen with classic cabinetry, a 4-piece bathroom, and mini-split heat pumps for efficient year-round comfort. The lower level offers a self-contained two-bedroom unit complete with a spacious kitchen, comfortable living room, full bathroom, dedicated laundry area with washer and dryer, and insulated walls. The basement unit is leased for $1,300/month, providing immediate rental income and making this property an even more attractive investment opportunity. Outside, you'll find a large paved driveway, a storage shed, and an expansive adjoining side yard with excellent potential for a detached garage, additional parking, or future development (subject to approvals). Offering strong cash flow, flexible living arrangements, and room to add value, this is a fantastic investment opportunity in one of Moncton's most convenient and established neighbourhoods. (id:39198)
- Listing ID: NB143851
- Property Type: Single Family
| Property | |
|---|---|
| Style: | Bungalow |
| Ownership: | Freehold |
| Lot Size: | 780 M2 |
| Building | |
|---|---|
| Type: | Single Family House |
| HVAC: | Baseboard Heaters, Fireplace, Heat Pump and Heat Pump Electric |
| Exterior: | Vinyl |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| Town: | Moncton |
| Province: | New Brunswick |
| Rooms | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Basement | |
| Living room | Basement | |
| Kitchen | Basement | |
| Bedroom | Basement | |
| Bedroom | Basement | |
| 4pc Bathroom | Main level | |
| Kitchen | Main level | |
| Bedroom | Main level | 10'11'' x 8'4'' |
| Bedroom | Main level | 10'8'' x 7'11'' |
| Bedroom | Main level | 10'10'' x 10'6'' |
| Living room | Main level | 10'10'' x 14'1'' |
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