Property Description for 241-243 Millidge Avenue
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:38686)
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Property Details
Property Tax
: $14,365MLS® #
: NB101742
Home Features
Property Type
: MultiFamilySquare Footage
: 5,630 SQFT
Interior Features
Heating
: Heat Pump, Baseboard heaters, Electric
Exterior Features
Acreage
: 0.25
Utilities
Sewer
: Municipal sewage system
Other
Exterior Features
: Brick, Vinyl
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