241-243 Millidge Avenue Saint John, New Brunswick E2K 2M4
$1,525,000
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:50541)
Property Details
| MLS® Number | NB101742 |
| Property Type | Multi-family |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
Building
| Appliances | Refrigerator, Microwave, Stove, Washer, Dishwasher, Dryer |
| CoolingType | Heat Pump |
| ExteriorFinish | Brick, Vinyl |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters, Heat Pump |
| StoriesTotal | 2 |
| TotalFinishedArea | 5630 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 1018 |
| SizeTotal | 1018 M2 |
| SizeTotalText | 1018 M2 |
https://www.realtor.ca/real-estate/27043379/241-243-millidge-avenue-saint-john
1020 Rothesay Road
Saint John, New Brunswick E2H 2H8
1020 Rothesay Road
Saint John, New Brunswick E2H 2H8
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September 13 2024 09:55:02
Saint John Real Estate Board Inc
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