+6 more
$729,900
134-144 Carmarthen
Saint John, New Brunswick, E2L2P2
multiplex·sale·Tax $4,624.49/yr
Active
12,000 sqft
Living Area
614 sqft
Lot
About This Property
This multi-family in Saint John offers 12,000 sqft of living area on a 614 sqft lot. The property has lot dimensions of 614. The home features other flooring, natural gas, other heating, a full basement.
MLS Remarks
This 49-unit rooming house presents a rare value-add opportunity in the heart of Uptown, offering scale, flexibility, and strong upside potential. The building is strategically divided into three separate sections, allowing an investor to renovate in stages for improved cash flow management or undertake a full-scale repositioning to maximize long-term returns. This building is currently fully vacant, providing immediate access for upgrades and reconfiguration. Featuring tall ceiling heights that enhance natural light and overall character, the property also benefits from a newly installed natural gas heating system servicing the occupied sectionreducing future operating costs and modernizing key infrastructure. The building requires renovations prior to occupancy, presenting a blank canvas for investors ready to reposition and add significant value through strategic improvements. (id:60351)
Overview
Property Typeresidential
Sub-Typemulti-family
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