371 Lutz Street, Moncton
Five-unit investment property for sale in downtown Moncton! Located at 371 Lutz Street, between St. George Street and Mountain Road, this apartment building offers five two-bedroom units close to shopping, restaurants, services and downtown amenities. Each apartment has its own electrical panel, with a separate house meter. Heating includes electric baseboards and mini-split heat pumps for added comfort. On-site coin-operated laundry and paved parking provide everyday convenience. The apartments have been renovated over the years, with finishes that include hardwood and ceramic tile flooring, updated kitchens and renovated bathrooms. The building features approximately 4,888 square feet of gross building area and a unfinished poured concrete basement. Whether you are purchasing your first apartment building or expanding your rental property portfolio, this five-unit property offers a central Moncton location and five two-bedroom apartments under one roof. Contact your REALTOR® for current rental income, operating expenses and viewing arrangements. (id:1945)
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Property details for 371 Lutz Street, Moncton
- Type
- Multi-family
- Living Area
- 4,888 square feet
- Lot Size
- 470
- Basement
- Crawl space
- Heating
- Baseboard heaters
- Cooling
- Air Conditioned
- Exterior
- Brick, Metal
- Ownership
- Freehold
- Annual Taxes
- $9,171
Nearby Listings Stat
Estimated price and comparable properties near 371 Lutz Street
Active Listings
269
Min Price
$79,900
Max Price
$6,500,000
Avg Price
$450,906
Days on Market
86
days
Sold Listings
60
Min Sold Price
$550
Max Sold Price
$1,750,000
Avg Sold Price
$381,082
Days until Sold
127
days
Neighbourhood Census Data
Moncton, New Brunswick / Nouveau-Brunswick
Population
439
Median Age
38.4
Median Income
$20,576
Dwelling Value
$149,555
Housing Tenure
Owners 32%
Renters 68%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 4,745.9/km²
Avg Shelter Cost: $1,218/mo
Owners with Mortgage: 71.4%
Owners Spending 30%+: 23.1%
Tenants Spending 30%+: 28.6%
English only: 42.9%
French only: 2.4%
English and French: 52.4%
Neither: 2.4%
Median Household Income: $36,352
Median Employment Income: $21,664
Price History
Listed
October 7, 2026
by RE/MAX Quality Real Estate Inc.
Current Price
$720,000
Type
Multi-family
For Sale
