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New Listing

Email from one of our members, Ralph :

Hello Everyone,

Attached and below is information on an income property that I think is worth a look at.

This house at 331 Robinson was built for a mature family of two with an option to easily convert it to a Duplex. The current configuration is that the main level tenants would have 3 bedrooms (1 in the lower level), 2 Baths (1 in the lower level) and the lower level tenant would have 1 bedroom, 1 bath.

The configuration could easily be changed to 2 bedrooms, 2 baths (1 in the lower level) for the Main floor tenants and 2 bedrooms, 1 bath for the lower level tenant. This could be done under $1,000 by simply moving the lower level steel door 4′.

The price for this move-in ready place is only $174,900 and the estimated ROI is 6.7% including a yearly reserve for maintenance of $3,500.

I am having an Open House this Sunday from 2pm to 4pm if anyone is interested in having a look. Be sure to check out the walk-thru video below:

OPEN HOUSE Jun 19 2-4pm – 13yr old duplex downtown Moncton | houses for sale | Moncton | Kijiji

Sean PowerMoncton REIO

(Realtor with Creativ)

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