134-144 Carmarthen
Saint John, New Brunswick
MLS® NB145962
$699,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- NB145962
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 13Listing 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.
Property summary
- MLS® number
- NB145962
- Property type
- Multi-family
- Square footage
- 12,000 sq ft
- Title
- Freehold
- Land size
- 614 square meters
- Annual property taxes
- $4,624.49
- Days on market
- 35 days
Features & details
- Heating
- Natural gas, Other
- Basement
- Full
- Flooring
- Other
- Exterior features
- Brick, Other
What would this home cost you?
Based on the $699,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Professionals, Saint John.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.