For Sale: 55 Somerset Street, Saint John, NB - REW
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$289,000
0 bd ba 2000 sf Multifamily
$289,000

55 Somerset StreetSaint John, NB, E2K 2X5

  • 0 Bed
  • Bath
  • 2000 Sqft
  • Multifamily

About this home

Whether you're an investor or a first-time buyer, this turn-key up-down duplex in the heart of Saint John is an opportunity worth serious attention. The upper unit is generating $1,650/month (heat included), while the lower unit is freshly vacant and ready for a new tenant or a new owner to call home. Live in one unit and let the other cover your mortgage, or rent both and enjoy a gross income potential of $3,300/month. Each unit offers 2 bedrooms, decent size living room, separate electrical meters, owned heat pump in each unit, large deck for lower unit looking at ample private parking with private garden area to grow your own vegetables. Two sheds at the back yard provide ample storage for storing tires, snow blowers, garden tools, etc. This home has been very well maintained and major updates to roof, siding, windows and electrical in recent years. Conveniently located with quick access to uptown Saint John and the highway, this is a property that works for everyone and one that won't last long. Seller is a licensed real estate salesperson in the province of New Brunswick (id:63626)
Listed by: Tong Gao, Salesperson, Royal LePage Select Realty

Home facts and features

Price details
List Price
$289,000
Gross Taxes for 2026
$4,085
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
9935 ft²
Depth
Title
Freehold
Exterior Finish
Vinyl
Heating Type
Heat Pump, Oil, Electric, Hot Water
Cooling
Heat Pump
Basement Details
Crawl space
Features
Balcony/Deck/Patio
Appliances
Dryer, Refrigerator, Stove, Washer
Agent details
Primary Agent
Tong Gao
Primary Broker
Royal LePage Select Realty
Listing details
Days on REW
24 Days
Property Views
39
MLS® Number
NB142900
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Princess Elizabeth School
  • n/a
  • K - 8
  • In Catchment
Divine Mercy Catholic School
  • n/a
  • K - 9
  • In Catchment
Centennial School
  • n/a
  • K - 5
  • 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
Hazen-White-St. Francis School
  • n/a
  • K - 8
  • In Catchment
Harbour View High School
  • n/a
  • 9 - 12
  • In Catchment
St. John The Baptist/King Edward School
  • n/a
  • K - 8
  • In Catchment
Bayside Middle School
  • n/a
  • 6 - 8
  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-22.