50-52 Victoria Street Saint John, New Brunswick E2K 1L3

$59,900

Excellent Investment Opportunity in Saint Johns North End! Welcome to 50-52 Victoria Street, a four-unit building offering exceptional income potential once renovated. This solid property features two spacious 4-bedroom units and two 2-bedroom units, making it ideal for investors seeking a value-add project with great upside. A major portion of the structural work has already been completed including a brand-new roof structure with a modified membrane and replacement and rebuilding of the foundation structure on the ground floor. This provides a strong, secure base for your renovation plans. The building is currently vacant, giving you full flexibility to design, upgrade, and remodel without tenant interruptions. While the property still requires cosmetic finishes and interior upgrades, the costly and time-consuming structural work is already done making this the perfect opportunity to focus on creating modern, high-rent units in a desirable location. Situated in the North End of Saint John, close to schools, transit, shopping, and Uptown, this property is a hidden gem ready to be transformed into a strong income-producing investment. All information and measurements to be verified by purchaser prior to closing. Sold as it is where it is (id:50541)

Property Details

MLS® Number	NB130062
Property Type	Multi-family

Building

Cooling Type	None
Exterior Finish	Wood
Flooring Type	Wood
Foundation Type	Concrete
Size Interior	3,696 Ft2
Total Finished Area	3696 Sqft
Type	Fourplex
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Municipal Sewage System
Size Irregular	334
Size Total	334 M2
Size Total Text	334 M2

https://www.realtor.ca/real-estate/29098343/50-52-victoria-street-saint-john