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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$385,000

Est. payment - /mo

5 Beds

2 Baths

1,600 SqFt

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Open House

Sat Aug 29, 12:00pm - 2:00pm

Sun Aug 30, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1600

Square Footage 1,600 sqft

Price per Sqft $240

MLS® Listing ID NB143851

Style Bungalow

Bedrooms 5

Lot Size 8,395 Sqft

Acres 0.1927422

Property Sub-Type Freehold

Property Description

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:24570)

Location

Province NB

Rooms

Kitchen 2.0

Extra Room 1 Basement X 3pc Bathroom

Extra Room 2 Basement X Living room

Extra Room 3 Basement X Kitchen

Extra Room 4 Basement X Bedroom

Extra Room 5 Basement X Bedroom

Extra Room 6 Main level X 4pc Bathroom

Interior

Heating Baseboard heaters, Heat Pump,

Cooling Heat Pump

Flooring Laminate, Tile, Vinyl

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by eXp Realty

+1(250) 882-3335

alex@victoriahomes.com

6 Magee Avenue Moncton, NB E1A3H4