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:55272)
MLS® Number | NB101742 |
Property Type | Multi-family |
EquipmentType | Water Heater |
RentalEquipmentType | Water Heater |
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 |
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
Contact us for more information
Kevin Perry
Salesperson
Murray Massey
Salesperson