3 Blackmarsh Road

$649,500

3 Blackmarsh Road

St. John's, NL

Type
Multi-family
Status
Active
Bedrooms
3
Bathrooms
1
Living area
3,400 sqft
Year built
1975
MLS®
1298882

About this property

Prime mixed-use property offering immediate cash flow and future upside. the upper level features a spacious 3 bedroom apartment, while approximately 2,000 sq ft of additional upper-level space presents an excellent opportunity for further development, expansion, or the creation of additional rental units (subject to city approval) The main floor is currently leased to a commercial tenant with 3 years remaining on the lease, providing stable and predictable income from day one. Ideal for investors, developers, or business owners seeking a high-visibility property with multiple revenue streams and significant value-add potential. A rare opportunity to acquire a property that combines secure commercial tenancy with residential development possibilities. (id:66946)

Features

brick

Listing courtesy of HomeLife Experts Realty Inc.. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.