MLS®: M110246 Status: For sale

View all photos on one page  Print a Feature Sheet for this Listing  Request More Information about this Listing 
View Slide Show 

Payment Calculator
Price: ($)
Down Payment:
( * = Accelerated )
Down Payment:
Mortgage Payment:
All calculations for informational purposes only, and should be verified.

229 Lutz , Moncton New Brunswick, E1C5G2

This property consist of 9 PID's all connected together in the heart of downtown Moncton. There's a good variety of rental properties: such as, commercial spaces. multi unit apartment buildings, single dwelling, vacant land and duplexes (approximately 28 units total). You also get upwards of 54 parking spots, which only a fraction of them are used by the tenants, so there's great potential for renting extra spots. Current yearly income for the whole block is approx $232,000. The buildings have been well maintained and updated throughout the years and the tenant base is mostly mature working class people. The commercial building is very diverse with a hair/nail salon, aesthetics, lawyer, and massage therapist. Rental history is excellent for all the properties. Don't miss this unique opportunity to own a block with 2 street corners and 3 street facades in a fast growing city! This group of properties is just a short walk from the new event center and all the downtown amenities. nightlife, restaurants etc.
Type: Business
Lot Dimensions: 36000Acreage: 36000 sqft|1/2 - 1 acre
Access: Year-round access
Heating Type: Electric
Click Here to View Additional Neighbourhood Information
View Slide Show  View all photos on one page

229 Lutz , Moncton New Brunswick

RE/MAX Quality Real Estate Inc. Brokerage - Sussex

Ted deWinter
Sales Representative

Email Me



Listing Office: Royal LePage Atlantic

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.

Go Back

The above information is believed to be accurate but is not warranted.
This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademark DDF® is also owned by CREA and identifies CREA’s Data Distribution Facility (DDF®). The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.