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$624,900
Est. payment /mo
4,040 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,040 sqft
Price per Sqft $154
MLS® Listing ID NB118802
Year Built 1875
Lot Size 4,897 Sqft
Acres 0.11243295
Property Sub-Type Freehold
Source New Brunswick Real Estate Board
Property Description
Welcome to 298300 Princess Street A Historic Uptown Gem with Modern Income Potential. Step into the heart of Uptown Saint John with this impressive 4-unit income property, built circa 1875 and beautifully maintained to offer a seamless blend of historic character and modern updates. This stately building features rich details throughout, including original woodwork, soaring 15-foot ceilings, marble fireplaces, and parlour doorsshowcasing the craftsmanship of its time. Situated in one of the most vibrant areas of the city, tenants enjoy being steps from restaurants, nightlife, boutique shops, and everything uptown living has to offer. The top-floor unit offers views of the Bay of Fundy and access to a private rooftop patioa unique feature for urban living. All four units are currently rented, with monthly rents of $1,550, $1,575, $1,550, and $1,300 including heat and hot water with tenants paying their hydro, generating a total annual rental income of $70,800. With expenses of $27,862, the approximate net income is $42,938making this a strong and stable investment. A triple-car garage at the back of the building provides valuable off-street parking for tenants or the potential for additional rental income. Call today to schedule your private viewing and add this 4 Unit to your investment portfolio. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, ,
Flooring Laminate, Wood
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 4
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by eXp Realty
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