REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,600,000
Est. payment | /mo
4,561 SqFt
$ 1,600,000
Est. payment | /mo
4,561 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 4561
Square Footage 4,561 sqft
Price per Sqft $350
MLS® Listing ID NB135722
Lot Size 0.319 Acres
Acres 0.31851885
Property Sub-Type Freehold
Property Description
This great investment property has been fully renovated and includes 2 buildings and a parking lot all on one lot zoned MU. 191 Université includes 6 units, two 1 bedroom, two 2 bedrooms and 2 main floor commercial units. 197 Université is a stand alone building currently optimized for a medical clinic but could easily be adaptable for a wide range of professional uses, including Law or Accounting Firms Specialized Medical Practitioners (Physiotherapy, Dental, etc.), Creative Agencies or Tech Startups. Situated on Université avenue, these buildings benefit from high visibility and foot traffic. The location is a magnet for both commercial tenants seeking professional exposure and residential tenants wanting proximity to the University, local hospitals, and the downtown core. The synergy of the neighborhood ensures a low vacancy rate and consistent demand across all unit types. As the Université corridor continues to develop, property values in this specific pocket are projected to see steady growth. The high-quality renovation ensures that the property will remain competitive in the rental market for decades to come, commanding top-tier rents in any economy. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Heat Pump,
Cooling Heat Pump
Flooring Ceramic, Laminate, Hardwood
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Lot Description Landscaped
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Royal LePage Atlantic
GET MORE INFORMATION
