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For Sale
$649,500
MLS® 1298882
3 Blackmarsh Road
St. John's, Newfoundland & Labrador, A1E1S2
- Beds / Baths
- 3 bed · 1 bath
- Interior
- 3,400 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Year built
- 1975
- Lot size
- 50ft x 100ft
Property facts
- Beds / Baths
- 3 bed · 1 bath
- Interior
- 3,400 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Transaction
- For Sale
- Year built
- 1975
- Lot size
- 50ft x 100ft
- Ownership
- Freehold
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:53361)