$ 1,495,000
241-243 Millidge Avenue Saint John, NB E2K2M4
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$ 1,495,000
Est. payment | /mo
0.25 Acres Lot
$ 1,495,000
Est. payment | /mo
0.25 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB101742
Originating Board New Brunswick Real Estate Board
Lot Size 0.252 Acres
Acres 10957.661
Property Description
Discover an exceptional investment opportunity in the thriving north end of Saint John. Strategically situated at 241-243 Millidge Avenue, this mixed-use property offers a seamless blend of commercial and residential spaces, ideal for investors seeking a new venture in a high-demand location. - Positioned next to affluent Millidgeville and serving the busy North End, this property benefits from increased visibility and accessibility, catering to a diverse clientele and tenant base. - The main floor features a space suitable for retail, fast food, or offices, boasting numerous updates and an enhanced electrical system. - The second floor comprises five completely renovated multi-family units, each fitted with new electrical panels and meters. These modernized units are perfect for attracting quality tenants, ensuring consistent occupancy and rental returns. - Both the commercial and residential spaces have been meticulously updated, eliminating the need for further work and allowing you to start generating income immediately. This property presents a rare opportunity to acquire an investment in a rapidly growing area. Prospective buyers are encouraged to demonstrate financial capability before receiving detailed financial information from the seller. Don't miss out on this amazing property a prime addition to any investment portfolio! (id:24570)
Location
Province NB
Interior
Heating Baseboard heaters, Heat Pump,
Cooling Heat Pump
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Listed by EXIT REALTY SPECIALISTS
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "