Address
134-144 Carmarthen, Saint John, NB
Price
$ 699,900
Property Attributes
- ID#NB145962
- TypeMulti-Family
- Listing Status Active
- MunicipalitySaint John
- CitySaint John
- AreaSaint John
- Postal CodeE2L 2P2
- Style
- Price$ 699,900
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Sqr Footage12000
Data Source:
Canadian Real Estate Association (CREA)
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:7434)
General Features
| Property Type | Multi-family |
|---|---|
| Location Description | 134-144 Carmarthen - Ebox at back of property |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Other |
| Building Heating Fuel | Natural gas |
| Basement Type | Full |
| Flooring Type | Other |
| Living Area Range | 12000 |
Exterior Features
| Sewer | Municipal sewage system |
|---|---|
| Exterior Finish | Brick, Other |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in E2L 2P2
Price
