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Home NB Greater Moncton Moncton
58 Douglas Street
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58 Douglas Street $485,000
$485,000
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58 Douglas Street
Moncton, New Brunswick E1E2E8

MLS® Number: NB120735

Listing Description

Attention Investors! Turnkey Fourplex Featuring Strong Rental History, Positive Cash Flow & Low Maintenance. This fourplex offers a proven track record of reliable rental income, solid cash flow, and minimal upkeepan excellent opportunity for investors seeking a hassle-free addition to their portfolio. Welcome to 58 Douglas, an adorable and well-maintained fourplex ideally situated just a short stroll from downtown, Centennial Park, and all essential amenities. This is the investment opportunity youve been waiting for a high-value addition to any real estate portfolio. This versatile property features four self-contained units including stove and fridge plus tenants pay their own heat and lights (nbpower): Three 1-bedroom units plus One spacious 2-bedroom unit. Recent upgrades enhance both the functionality and curb appeal of the building. Notable improvements include: A full remodel of Unit C, New exterior siding, Newly built decks, roof, old water boiler heating system removed, electrical upgraded and more Coin operated laundry on premises. If you are looking for a great investment opportunity you must consider this one. Call today With its prime location, updated features, and solid rental potential, 58 Douglas is a turnkey investment with room to grow. Dont miss your chance to own a quality multi-family property in one of the citys most walkable and desirable areas! (28586795)

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Title
Freehold
Land Size
604 m2
Annual Property Taxes
$6,944.96
Time on REALTOR.ca
15 days

Price and Sale History

Date Status Price
Apr 30, 2024 Sale Closed $400,000
Nov 6, 2020 Sale Closed $160,000

Building

Interior Features
Appliances Included
Refrigerator, Stove, Washer, Dryer
Flooring
Laminate, Vinyl
Building Features
Features
Balcony/Deck/Patio
Foundation Type
Concrete
Total Units
4
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl

Measurements

Total Finished Area
2674 sqft

Land

Other Property Information
Access
Year-round access
Data provided by: New Brunswick Real Estate Board 541 St. George Boulevard, Moncton, New Brunswick E1E 2B6

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