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241-243 Millidge Avenue Saint John, New Brunswick E2K 2M4

Heat Pump Baseboard Heaters, Heat Pump

$1,495,000

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:55272)

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

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Kevin Perry
Salesperson


Exit Realty Specialists
1020 Rothesay Road
Saint John, New Brunswick E2H 2H8

Murray Massey
Salesperson


Exit Realty Specialists
1020 Rothesay Road
Saint John, New Brunswick E2H 2H8

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