18-20 Mill Road, Moncton
Turnkey duplex investment at 18-20 Mill Road with strong income already in place. Both units are currently tenant-occupied, generating $2,800/month in gross rental income, with each unit renting for $1,400/month. This property is built for simple, efficient ownership. Each unit has its own separate power meter, and tenants pay their own power, helping reduce operating costs and making management cleaner for the investor. Located in a central, high-demand area close to schools, shopping, services, and everyday amenities, this duplex offers the kind of convenience tenants look for and investors value. Whether you are expanding your portfolio or looking for a solid income-producing property, this is a practical, low-friction asset with immediate cash flow from day one. Book your showing and review the numbers. This one is worth a closer look. (id:1945)
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Property details for 18-20 Mill Road, Moncton
- Type
- Multi-family
- Living Area
- 1,437 square feet
- Lot Size
- 461
- Basement
- Full
- Heating
- Heat Pump, Baseboard heaters, Electric
- Cooling
- Heat Pump
- Exterior
- Vinyl
- Ownership
- Freehold
- Annual Taxes
- $7,003
Nearby Listings Stat
Estimated price and comparable properties near 18-20 Mill Road
Active Listings
214
Min Price
$79,900
Max Price
$6,500,000
Avg Price
$462,460
Days on Market
88
days
Sold Listings
49
Min Sold Price
$42,900
Max Sold Price
$1,750,000
Avg Sold Price
$401,116
Days until Sold
126
days
Neighbourhood Census Data
Moncton, New Brunswick / Nouveau-Brunswick
Population
884
Median Age
53.5
Median Income
$28,587
Dwelling Value
$119,922
Housing Tenure
Owners 23%
Renters 76%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 1,443.0/km²
Avg Shelter Cost: $996/mo
Owners with Mortgage: 73.9%
Owners Spending 30%+: 18.2%
Tenants Spending 30%+: 37%
English only: 39.2%
French only: 2.3%
English and French: 59.1%
Median Household Income: $45,728
Median Employment Income: $25,088
Price History
Listed
May 26, 2026
by eXp Realty
Current Price
$399,900
Type
Multi-family
For Sale