Adelaide street to Victoria. Excellent Investment Opportunity in Saint Johns North End! Welcome to 50-52 Victoria Street, a four-unit building offering exceptional income potential once renovated. This solid property features two spacious 4-bedroom units and two 2-bedroom units, making it ideal for investors seeking a value-add project with great upside. A major portion of the structural work has already been completed including a brand-new roof structure with a modified membrane and replacement and rebuilding of the foundation structure on the ground floor. This provides a strong, secure base for your renovation plans. The building is currently vacant, giving you full flexibility to design, upgrade, and remodel without tenant interruptions. While the property still requires cosmetic finishes and interior upgrades, the costly and time-consuming structural work is already done making this the perfect opportunity to focus on creating modern, high-rent units in a desirable location. Situated in the North End of Saint John, close to schools, transit, shopping, and Uptown, this property is a hidden gem ready to be transformed into a strong income-producing investment. All information and measurements to be verified by purchaser prior to closing. Sold as it is where it is (id:27476)
