2149-2155 Mountain Road Active

Moncton,NB E1G1B5

$ 3800000

0 Bed

0 Bath

2500 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $1,520

MLS Listing ID M157430

Lot Size 2.450 Acres

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:24570)

Location

Province NB

Interior

Heating Baseboard heaters,Forced air,

Cooling Air Conditioned

Exterior

Parking Features No

View Y/N No

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