Investment Opportunity 5-Unit Apartment Building Near St. Josephs Hospital, Uptown Saint John Rare value-add opportunity in the heart of Uptown Saint John, just steps from St. Joseph's Hospital. This five-unit apartment building offers investors the chance to acquire a multi-family property in a highly walkable location with strong rental demand driven by nearby healthcare facilities, Uptown amenities, restaurants, and public transit. St. Joseph's Hospital is a major healthcare facility serving Saint John and the surrounding region. The property consists of five self-contained residential units, with three tenant-occupied units providing income potential and one owner-occupied unit that has sustained significant fire damage. The affected unit requires extensive renovations and restoration, presenting an excellent opportunity for investors, contractors, or buyers looking to add value and increase future rental income. While the fire-damaged unit will require substantial work, the building offers considerable upside for those willing to undertake improvements. With its desirable Uptown location and proximity to healthcare services, employment centers, shopping, and entertainment, this property has the potential to become a strong long-term investment. Please note that both the 2 bedroom units will become vacant units upon closing time. (id:55272)
| MLS® Number | NB142040 |
| Property Type | Multi-family |
| BasementType | Full |
| ExteriorFinish | Colour Loc |
| FlooringType | Hardwood |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| SizeInterior | 4000 Sqft |
| TotalFinishedArea | 4000 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 730 |
| SizeTotal | 730 M2 |
| SizeTotalText | 730 M2 |
https://www.realtor.ca/real-estate/29911868/107-111-hazen-street-saint-john
Contact us for more information
Kenny Khan
Salesperson