For Sale: 239 Britain Street, Saint John, NB

About this home

A rare opportunity to acquire two multi-unit residential buildings on a single PID, offering a total of seven rental units in a prime uptown Saint John location and where tenants pay their own utilities. Situated at the corner of Britain Street and Pitt Street bordering the Turnbull Nursing Home. Building 1 is a Corner Building (Britain/Pitt); This structure contains four units: 239, 241 and 243 Britain Street as well as 239 Pitt Street. Building 2 is a separate three-Unit building wholly on Pitt Street: 233, 235 and 237 Pitt Street. Strong Financial Performance: Gross Income: $87,300; Gross Expenses: $27,342; Net Operating Income: $59,958 equals an exceptional CAP Rate of 10%. This property is a well-configured, centrally located multi-unit package offering strong cash flow, operational efficiency with all units on one PID. A solid opportunity for investors seeking income, stability, and long-term growth in a high-demand rental market. (id:63626)

Listed by: Paul Bustin, Salesperson, Royal LePage Atlantic

Home facts and features

Price details

List Price

$599,900

Gross Taxes for 2026

$8,022

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

4101 ft²

Depth

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Baseboard heaters, Electric

Basement Details

Crawl space

Appliances

Refrigerator, Stove

Agent details

Primary Agent

Paul Bustin

Primary Broker

Royal LePage Atlantic

Listing details

Days on REW

3 Days

MLS® Number

NB144277

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

239 Britain StreetSaint John, NB, E2L 2X2