86-88 Somerset, Moncton
Prime investment opportunity at 86-88 Somerset Drive in Moncton! Ideally located within walking distance to the Université de Moncton and Dr. Georges-L.-Dumont University Hospital Centre, this duplex attracts strong rental demand from students and healthcare professionals alike. The upper unit offers 4 bedrooms and generates $2,600/month (all-inclusive), operating as a profitable Airbnb in the summer and furnished rental in the winter. The lower unit is leased at $2,000/month (all-inclusive) on a one-year term, providing stable income. A versatile, cash-flowing property in a highly desirable locationperfect for investors or owner-occupants. (id:1945)
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Property details for 86-88 Somerset, Moncton
- Type
- Multi-family
- Living Area
- 2,395 square feet
- Lot Size
- 402
- Basement
- Crawl space
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Exterior
- Aluminum/Vinyl
- Ownership
- Freehold
- Annual Taxes
- $4,414
Nearby Listings Stat
Estimated price and comparable properties near 86-88 Somerset
Active Listings
256
Min Price
$550
Max Price
$6,500,000
Avg Price
$454,207
Days on Market
94
days
Sold Listings
54
Min Sold Price
$750
Max Sold Price
$898,000
Avg Sold Price
$348,421
Days until Sold
83
days
Neighbourhood Census Data
Moncton, New Brunswick / Nouveau-Brunswick
Population
429
Median Age
33.4
Median Income
$25,109
Dwelling Value
$150,301
Housing Tenure
Owners 56%
Renters 44%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 2,321.4/km²
Avg Shelter Cost: $849/mo
Owners with Mortgage: 38.9%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 42.9%
English only: 27.1%
French only: 11.8%
English and French: 63.5%
Median Household Income: $52,992
Median Employment Income: $20,672
Price History
Listed
May 1, 2026
by EXIT Realty Associates
Current Price
$449,900
Type
Multi-family
For Sale
