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134-144 Carmarthen

Saint John, NB, E2L2P2

Listed by RE/MAX Professionals

$699,900

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  • 12000 sq ft

Listed 69 days ago · MLS® NB145962

About this home

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:66966)

Details

Type
Multi-family
Size
12000 sq ft
Basement
Full
Property tax
$4,624
Municipality
Saint John

Interior

Fireplace
No

Heating, cooling and services

Heating
Natural gas
Water and sewer
Municipal sewage system

Building and exterior

Outdoor
Brick

Location

Location is approximate. See nearby homes on the map

Listed by RE/MAX Professionals.

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