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152 Germain Street Saint John, New Brunswick E2L 2G2

Baseboard Heaters, Radiator

$799,000

Welcome to 152-154 Germain Street (The Tremain W. Gard Apartments). This is the pinnacle of uptown investment and development opportunity. This 3 story, 4 floor brick Italianate multi unit is located in the heart of Uptown Saint John on the highly sought after and historically significant Germain Street. Its close proximity to the heart of uptown means occupancy is not an issue. The building currently features 10 units which includes 1 bachelor, 5 studios, and 4 one-bedroom units, all of which are currently occupied with tenants except for one unit which is owner occupied. The upper three levels of the south side of the building currently house the studios, and a large undeveloped space. These spaces are significant as they provide development opportunity that ideally transform to three 2 bedroom corner units with plenty of space and natural light. Creating an opportunity to significantly increase the buildings income. The building itself is in great shape, and has had significant upgrades to the electrical, and plumbing to all modern materials. Dont miss your opportunity to invest in beautiful Uptown Saint John. (id:35613)

Property Details

MLS® Number NB075972
Property Type Multi-family
Equipment Type Water Heater
Features Balcony/deck/patio
Rental Equipment Type Water Heater

Building

Appliances Refrigerator, Stove, Washer, Dryer
Constructed Date 1882
Exterior Finish Brick
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Radiator
Total Finished Area 5800 Sqft
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 225
Size Total 225 M2
Size Total Text 225 M2

https://www.realtor.ca/real-estate/24688992/152-germain-street-saint-john