$ 699,900

134-144 Carmarthen, Saint John

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. This building is currently fully vacant, 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:1945)
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Property details for 134-144 Carmarthen, Saint John

Type
Multi-family
Living Area
12,000 square feet
Lot Size
614
Basement
Full
Heating
Natural gas, Other
Exterior
Brick, Other
Ownership
Freehold
Annual Taxes
$4,624

Nearby Listings Stat

Estimated price and comparable properties near 134-144 Carmarthen

Active Listings
112
Min Price
$4,400
Max Price
$1,739,900
Avg Price
$395,375
Days on Market
115
days
Sold Listings
41
Min Sold Price
$69,900
Max Sold Price
$1,800,000
Avg Sold Price
$480,544
Days until Sold
71
days

Price History

Listed
August 13, 2026
by RE/MAX Professionals
Current Price
$699,900
-4.1% from last change
Type
Multi-family
For Sale
Price Changes
1
Date Price Change
Current $699,900 $30,000 (-4.1%)
Sep 1, 2026 $729,900 Listed

Contact Agent Get in touch about 134-144 Carmarthen, Saint John

Austin Bubovich
Austin Bubovich
RE/MAX Professionals