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

Heat Pump Baseboard Heaters, Heat Pump

$1,725,000

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 turn-key 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 well-established convenience and fast food franchise, boasting numerous updates and an enhanced electrical system. This commercial unit is poised for continued success, providing steady rental income from day one. - 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 a no-work-required 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:36436)

Property Details

MLS® Number NB101742
Property Type Multi-family
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Appliances Refrigerator, Microwave, Stove, Washer, Dishwasher, Dryer
Cooling Type Heat Pump
Exterior Finish Brick, Vinyl
Fireplace Present No
Heating Fuel Electric
Heating Type Baseboard Heaters, Heat Pump
Stories Total 2
Total Finished Area 5630 Sqft
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 1018
Size Total 1018 M2
Size Total Text 1018 M2

https://www.realtor.ca/real-estate/27043379/241-243-millidge-avenue-saint-john

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Contact us for more information


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Kevin Perry
Salesperson

(506) 333-3650

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

(506) 642-3948
(506) 642-7770

Murray Massey
Salesperson

(506) 645-0043
www.withmurray.ca/
www.https//facebook.com/murrayexitsj

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

(506) 642-3948
(506) 642-7770

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