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$ 729,900
Est. payment /mo
Active
134-144 Carmarthen Saint John, NB E2L2P2
12,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 12000
Square Footage 12,000 sqft
Price per Sqft $60
MLS® Listing ID NB145962
Lot Size 6,609 Sqft
Acres 0.1517227
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Other,
Flooring Other
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Professionals