For Sale: 1-3 Charlotte Street, Saint John, NB

About this home

This could be the perfect investment property youve been searching for! Located at the high-exposure corner of Charlotte Street and Union Street in Uptown Saint John, this solid 3-storey brick commercial-residential mixed-use building (circa 1867) offers both historic charm and modern upgrades. Half the structure was rebuilt, with a full renovation completed in 2019, followed by further capital improvements totaling $42,000 in 2021. Just one block from the historic Saint John City Market, the property sits at the gateway to the North of Union project, waterfront redevelopment, and the Uptown Pedway Systema prime location for long-term value and strong rental demand. Commercial Unit: $2,300/month Four Residential Units Upstairs: 1-bedroom: $1,300/month 2-bedrooms: $1,400 and $1,600/month One 2-bedroom unit is currently vacant, with market rent potential above $1,500/month Total Annual Rental Income (fully leased): $97,200 Total Annual Expenses: $22,955 Net Operating Income (NOI): $74,245 Also includes: Private entrances, individual electric panels, and rented heat pumps for each unit In-unit 3-piece bathrooms and laundry Hot water tanks are owned Fire-rated doors and two stairwells Walkable to transit, shopping, and municipal parking Gross floor area is based on appraisers report; buyers are advised to verify all measurements independently. (id:63626)

Listed by: Matt Zhao, Salesperson, Platinum Atlantic Realty Inc.

Home facts and features

Price details

List Price

$998,000

Gross Taxes for 2026

$13,659

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

2520 ft²

Depth

Year Built

Built in 1867 (159 yrs old)

Title

Freehold

Exterior Finish

Brick

Heating Type

Heat Pump, Baseboard heaters, Electric

Cooling

Heat Pump

Agent details

Primary Agent

Matt Zhao

Primary Broker

Platinum Atlantic Realty Inc.

Secondary Agent

Sean Song

Secondary Broker

Colliers International New Brunswick

Listing details

Days on REW

210 Days

Property Views

MLS® Number

NB129776

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 2km

St. Malachy's Memorial High School

n/a
9 - 12
In Catchment

Prince Charles School

n/a
K - 8
In Catchment

Saint John High School

n/a
9 - 12
In Catchment

St. John The Baptist/King Edward School

n/a
K - 8
In Catchment

Princess Elizabeth School

n/a
K - 8
In Catchment

Divine Mercy Catholic School

n/a
K - 9
In Catchment

Bayside Middle School

n/a
6 - 8
In Catchment

Centennial School

n/a
K - 5
In Catchment

Harbour View High School

n/a
9 - 12
In Catchment

Hazen-White-St. Francis School

n/a
K - 8
In Catchment

1-3 Charlotte StreetSaint John, NB, E2L 2H3