Property Information:

Welcome to 355 Lutz Street, a rare opportunity in the vibrant core of Downtown Moncton! Brimming with potential, this spacious home is perfect for investors, renovators, or anyone seeking a high-yield rental property. Currently configured with 8 bedrooms, this property generates immediate income while offering room for value growth. The main level hosts 3 bedrooms, a functional kitchen, and a convenient 1-piece bath. Upstairs, you’ll find 3 more bedrooms and a full 4-piece bathroom. The top floor offers 2 additional bedrooms, one featuring direct access to a sunny private deck with stairs to the backyard. Major updates include a roof replaced approximately 8 years ago and a new oil tank, giving you peace of mind for years to come. Located just steps from restaurants, shops, entertainment, and public transit, this property offers unbeatable walkability and lifestyle appeal for tenants. Whether you choose to enhance and modernize the space or keep it as a steady rental, 355 Lutz Street presents a flexible investment in a location that will always be in demand.

Building Features:

Floor Space: 2995 Square Feet
Total Finished Area: 2995 Square Feet

Property Features:

Bedrooms: 8+0
Bathrooms: 1+1
Driveway: Gravel, Paved
Exterior: Vinyl
Floor Space (approx): 2995 Square Feet
Flooring: Carpet, Hardwood, Vinyl
Foundation Basement: Concrete
Heating Cooling: Forced Air, Natural Gas
Property Size: Under 0.5 Acres
Property Style: 2.5 Storey
Roof: Asphalt Shingle
Title To Land: Freehold
Water: Municipal

Rooms:

Bedroom Main Level 3.48 m x 3.51 m
Bedroom Main Level 4.42 m x 4.70 m
Kitchen Main Level 3.81 m x 3.51 m
Bedroom Main Level 3.51 m x 3.86 m
Bathroom Main Level
Bedroom 2nd Level 2.90 m x 3.00 m
Bedroom 2nd Level 2.69 m x 3.02 m
Bedroom 2nd Level 3.45 m x 2.64 m
Bathroom 2nd Level
Bedroom 3rd Level 3.63 m x 1.17 m
Bedroom 3rd Level 4.06 m x 1.17 m
Storage Basement Level

Convert Measurement to:

Courtesy of: RE/MAX Avante

Data provided by: Greater Moncton REALTORS® du Grand Moncton 541 St. George Blvd., Moncton, New Brunswick E1E 2B6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Demographic Information of 355 Lutz ST, Moncton, NB, E1C 5G8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,388.17

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.77 %

High school certificate or equivalent

27.54 %

Apprenticeship trade certificate/diploma

3.6 %

College/non-university certificate

21.84 %

University certificate (below bachelor)

1.3 %

University Degree

30.95 %

Commuter

Travel To Work

By Car

64.18 %

By Public Transit

4.73 %

By Walking

25.91 %

By Bicycle

1.19 %

By Other Methods

3.99 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.56 %

Houses

43.44 %

355 Lutz ST, Moncton, NB, E1C 5G8