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134-144 Carmarthen
Saint John New Brunswick E2L2P2 Canada

$729,900

Active Listing ID NB133958
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12,000 square feet
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Multi-family

$729,900

Active Listing ID NB133958
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134-144 Carmarthen 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. Currently, approximately one-third of the property is occupied, with those units set to be vacant upon closing, 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 sectionreducing 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Exterior Finish: Brick, Other
  • Floor Covering: Other
  • Heating Systems: Natural gas, Other
  • Additional Features
  • Basement
Listing Changed: 2/23/2026 5:50:22 PM GMT
Source Updated Date: 2/24/2026 12:00:13 PM GMT

Courtesy of: Austin Bubovich, Salesperson, RE/MAX Professionals