121 Elmwood Drive, Moncton
Investors dream !! This five-unit property in a prime location is your opportunity to start your rental income. The front house was originally built. It features two full bathrooms, four bedrooms, two living rooms and a nice kitchen. It is perfect for a family. At the back the addition was built later. It has four units with three bedrooms and one bathroom each, with two entrances for each unit. At the back of the property there's a lot of paved parking. All units are on separate meters. Four units are currently rented. One unit is vacant. To allow easy viewing for potential buyers, it can be rented upon buyers' request before the closing date. Floor plans and financials are attached for your realtor to share with you. A 360 virtual tour is also attached for your convenience. Close to the University of Moncton, Elmwood Street is very convenient, close to everything, with a central location. It is easy to find tenants in a desired location. 121 Elmwood is the perfect addition to your portfolio or for starting your rental income. (id:1945)
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Property details for 121 Elmwood Drive, Moncton
- Type
- Multi-family
- Living Area
- 5,730 square feet
- Lot Size
- 650
- Heating
- Baseboard heaters, Radiant heat, Natural gas, Hot Water
- Exterior
- Vinyl
- Ownership
- Freehold
- Annual Taxes
- $12,904
Nearby Listings Stat
Estimated price and comparable properties near 121 Elmwood Drive
Active Listings
238
Min Price
$79,900
Max Price
$6,500,000
Avg Price
$467,513
Days on Market
91
days
Sold Listings
60
Min Sold Price
$550
Max Sold Price
$1,750,000
Avg Sold Price
$393,835
Days until Sold
133
days
Neighbourhood Census Data
Moncton, New Brunswick / Nouveau-Brunswick
Population
539
Median Age
31.4
Median Income
$23,168
Dwelling Value
$138,614
Housing Tenure
Owners 36%
Renters 64%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 1,536.5/km²
Avg Shelter Cost: $870/mo
Owners with Mortgage: 61.1%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 57.6%
English only: 38%
French only: 8.3%
English and French: 53.7%
Median Household Income: $36,096
Median Employment Income: $19,168
Price History
Listed
October 20, 2026
by eXp Realty
Current Price
$1,000,000
Type
Multi-family
For Sale
