For Sale: 224-230 Britain Street, Saint John, NB

About this home

Here is a great opportunity to invest in the uptown core of Saint john, with just walking distance to so many amenities... restuarants, boutiques, cruise ship terminal, area 506 container village, City Market, Imperial Theatre, and the new school that is being built just steps away(Kindergarden-grade 8). This building has 5 residential units & also comes with a 24'x26' garage rental (with a new roof covering), on its own parcel of land. All units have been fully renovated with upgraded flooring, paint, & kitchens throughout. The building has 1-1 bedroom unit, 2-2 bedroom units, 1-3 bedroom unit & 1-4 bedroom unit. All units pay their own Electricity. The building is heated by natural gas which is paid by the owner. All units have their own meters. Rents are: Unit 1= $1,095 ,Unit 2= $1,095 , Unit 3= #1,150 (This unit just became vacant and ready for new tenant) , Unit 4= $1,250 , Unit 5= $1,250 garage- is vacant- was receiving $600 per month. If you looking to expand your portfolio, or just starting out, this property will make a nice cashflowing opportunity for years to come. This building fully occupied, shows a cap rate of 6.9% with potential to increase rents. (id:63626)

Listed by: Michael Jackson, Salesperson, EXIT Realty Specialists

Home facts and features

Price details

List Price

$685,000

Gross Taxes for 2026

$5,227

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

8525 ft²

Depth

Title

Freehold

Exterior Finish

Wood, Wood shingles, Vinyl

Heating Type

Baseboard heaters, Natural gas, Hot Water

Basement Details

Crawl space

Appliances

Refrigerator, Stove

Agent details

Primary Agent

Michael Jackson

Primary Broker

EXIT Realty Specialists

Listing details

Days on REW

42 Days

Property Views

MLS® Number

NB137439

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 3km

St. John The Baptist/King Edward School

n/a
K - 8
In Catchment

St. Malachy's Memorial High School

n/a
9 - 12
In Catchment

Saint John High School

n/a
9 - 12
In Catchment

Prince Charles School

n/a
K - 8
In Catchment

Bayside Middle School

n/a
6 - 8
In Catchment

Princess Elizabeth School

n/a
K - 8
In Catchment

Divine Mercy Catholic School

n/a
K - 9
In Catchment

Harbour View High School

n/a
9 - 12
In Catchment

Bayview School

n/a
K - 5
In Catchment

Beaconsfield Middle School

n/a
6 - 8
In Catchment

224-230 Britain StreetSaint John, NB, E2L 2X8