For Sale: 259 Princess Street, Saint John, NB

About this home

Welcome to 259 Princess Street! Located in uptown Saint John, this 6-unit building has had some updates but is still in need of some updates. This brick investment building offers 5- 1 bedroom units and 1 - 2 bedroom unit. Heated mostly with natural gas, this property offers plenty of character, high ceilings and a common laundry room. This property is walking distance to everything uptown and has the ability to be a great investment property to add to your portfolio. Rents are: $1,200, $1,350, $1,400, $1,450, $1,450 and $1,500. Total rental income = $100,200. Approximate expenses are: taxes - $10,665, insurance - $5,468, water/sewer - $2,164, electricity - $787, and heat - $11,002. Approximate total expenses = $30,086. Approximate net income - $70,114.00 (id:63626)

Listed by: Tim Somerville, Salesperson, Royal LePage Atlantic

Home facts and features

Price details

List Price

$650,000

Gross Taxes for 2026

$10,665

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

4090 ft²

Depth

Title

Freehold

Exterior Finish

Brick, Stucco

Heating Type

Baseboard heaters, Electric, Natural gas, Hot Water

Basement Details

Full

Appliances

Dishwasher, Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Tim Somerville

Primary Broker

Royal LePage Atlantic

Secondary Agent

Brittany Cramm

Secondary Broker

Royal LePage Atlantic

Listing details

Days on REW

14 Days

Property Views

MLS® Number

NB140012

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 3km

St. Malachy's Memorial High School

n/a
9 - 12
In Catchment

Prince Charles School

n/a
K - 8
In Catchment

St. John The Baptist/King Edward School

n/a
K - 8
In Catchment

Saint John High School

n/a
9 - 12
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

Bayview School

n/a
K - 5
In Catchment

Harbour View High School

n/a
9 - 12
In Catchment

Centennial School

n/a
K - 5
In Catchment

259 Princess StreetSaint John, NB, E2L 1L4