For Sale: 48-50 Peters Street, Saint John, NB

About this home

Welcome to 48-50 Peters Street, an impressive 9-unit income property offering a fantastic opportunity for investors looking to expand their portfolio. Ideally situated in the heart of Saint John, this property offers a desirable mix of units: one studio apartment, four one-bedroom apartments, one one-bedroom apartment with a den, and three two-bedroom apartments. With five units fully renovated and the remaining four extensively updated, much of the hard work is already done! Major improvements include electrical, plumbing, appliances, and more, offering investors a well-improved property with excellent income potential. Each unit has its own utilities paid by the tenants, helping to minimize operating expenses. Four units feature in-unit laundry, while the remaining five have access to shared coin-operated laundry facilities, providing an additional income opportunity. Whether you're a seasoned investor or looking to grow your real estate portfolio, this 9-unit property offers an attractive combination of extensive upgrades, a diversified unit mix, and a central Saint John location. Don't miss your opportunity to own a substantial income-producing property in the heart of the city. Call your favorite REALTOR® today for full details! (id:63626)

Listed by: Stefan Cormier, Salesperson, RE/MAX Professionals

Home facts and features

Price details

List Price

$999,950

Gross Taxes for 2026

$4,126

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

0 ft²

Depth

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Baseboard heaters, Electric

Basement Details

Unfinished, Full, Walk out

Appliances

Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Stefan Cormier

Primary Broker

RE/MAX Professionals

Listing details

Days on REW

5 Days

MLS® Number

NB151021

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

Hazen-White-St. Francis School

n/a
K - 8
In Catchment

Harbour View High School

n/a
9 - 12
In Catchment

48-50 Peters StreetSaint John, NB, E2L 2Z9