Multi Family Land For Sale in Moncton, NB

By
Real Estate Agent with Undivided Loyalty from an Independent Real Estate Agent NB licence #114109

New Residential Multi Unit Opportunity in Moncton East 

This 5.5 acre parcel should accommodate at least four 24 unit buildings - 24 units per building are the maximum size buildings permitted in this MU1 zone. Other permitted uses include a child daycare facility, a residential care facility, a senior citizens` housing development or a health and wellness centre. This large sloping parcel has frontage on Storey Street and access to Drummond Street. Located next to the Arnold H. MacLeod School and a 10 minute bus ride from the Champlain Place Shopping Centre.

This is a sloping lot with a great view and lots of room to create a unique development either as an income property or a condominium ownership complex. Perhaps even a condominium owership of an income building?  Find more details and a satellite map link on www.MonctonLand.info.

PID # 70149687

 

Multi Family zoned Land For Sale in Moncton, NB

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Topic:
Real Estate General Information
Location:
New Brunswick Westmorland County Moncton
Groups:
Canadian Commercial Real Estate
Tags:
multi family
land for sale
moncton

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Rainmaker
1,292,576
Andrew Mooers
Northern Maine Real Estate-Aroostook County Broker
MOOERS REALTY

Good luck getting this one sold, developed Larry!

June 17, 2010 09:26 AM
Rainmaker
297,187
Larry Estabrooks
REALTOR®, Moncton-NB-Canada
Undivided Loyalty from an Independent Real Estate Agent

Andrew, the land numbers on this could work out to under $7,000 per unit. That's a great number.

June 17, 2010 10:45 AM
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Rainmaker
297,187

Larry Estabrooks

REALTOR®, Moncton-NB-Canada
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Additional Information

Moncton area housing market analysis, comment and insights for real estate buyers as well as sellers. I will gladly answer your questions.