Multi Family Land For Sale in Moncton, NB

By
Real Estate Sales Representative with a Fully 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
1,389,589
Andrew Mooers
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Good luck getting this one sold, developed Larry!

Jun 17, 2010 09:26 AM #1
Rainmaker
315,004
Larry Estabrooks
a Fully Independent Real Estate Agent - - Moncton, NB
REALTOR®, Moncton, NB

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

Jun 17, 2010 10:45 AM #2
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Rainmaker
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Larry Estabrooks

REALTOR®, Moncton, NB
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