Located at 17-19 Veniot Street in Moncton, this extensively renovated and well-maintained triplex is a standout investment opportunity. The property features three fully rented units: a 3-bedroom at $1,600/month, a 2-bedroom at $1,650/month, and a 1-bedroom at $900/month, offering a reliable and predictable income stream. The property has a shared laundry space and plenty of parking. Operating expenses are approximately $20,275 annually, leaving an impressive net income of around $29,500 per year. Whether you are looking to add to your growing portfolio or buy your first investment property, this will be sure to help on your journey to build wealth. Situated near the YMCA, Oulton College, hospitals, and a variety of shopping and dining options, this property is ideally located in one of Moncton's most accessible and desirable areas, making it a prime choice for investors seeking both income and location appeal. *Photos are of unoccupied units after renovations, all units are fully rented.* (27796409)
Mountain Road to Bonaccord Street, right on John Street, right onto York Street, right onto Veniot Street, civic #17-19 (on the corner of Veniot Street, and York Street).
Property Type
Multi-family
Annual Property Taxes
$4,774.80 (CAD)
Time on REALTOR.ca
23 days
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