134-144 Carmarthen

Multi-family for sale in Saint John — $729,900

Key facts

• Type: Multi-family
• Price: $729,900
• Living area: 12,000 sq ft
• Lot: 6,609 sq ft
• City: Saint John
• MLS® number: NB145962
• Agent: Century 21
• Brokerage: Century 21 Canada

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 section—reducing 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.

See the original listing at Century 21

Homes for sale in Saint John · Multi-family for sale in Saint John