194-196 Tower Street

Saint John E2M 1Z2

Looking for your next investment project? This two-unit property offers plenty of potential for the right buyer willing to roll up their sleeves and bring it back to life! Featuring two spacious 3-bedroom, 1-bathroom units, each with its own electrical meter, this property presents an opportunity to restore a multi-unit building and create an income-producing investment. Both units previously rented for $1,675 per month, generating a combined $3,350 in monthly rental income. The property experienced an electrical fire on the main level and is currently boarded up. Significant repairs and renovations are required, but for an experienced investor, contractor, or ambitious renovator, the potential is there! Two units, six bedrooms, separate meters, and an opportunity to bring this property back to life. Bring your vision and make it happen! (id:2493)