Explore Mountain Road Estate, a lucrative 2.45-acre property package with 340 ft frontage on Moncton's central Mountain Rd. Zoned R3 with potential for 100-200 condos, it promises high ROI for developers. Two existing houses generate a stable $4,500/month rental income. The package includes an inviting 3-bedroom bungalow, a versatile 3-bedroom house with a 2-bedroom basement apartment, and expansive vacant land, and a small pond, providing unimaginable expansion possibilities. With the unprecedented growth in Greater Moncton, the area has experienced a significant population influx, making it a prime investment location. Positioned on Moncton's central road, Mountain Rd, with access to major facilities and attractions. This investment boasts immediate income, development potential, and natural charm. Seize this rare opportunity for a distinctive and rewarding real estate venture! Seller is open to collaborations. (id:31684)

Listing courtesy of: Shagun Gupta of Keller Williams Capital Realty

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