For Sale: 9 Exmouth Street, Saint John, NB

About this home

Turnkey Uptown Saint John 5-Unit | Premium 2BR Mix | Tenant-Paid Utilities Investor Alert! Secure a high-performing, low-maintenance asset in the heart of Uptown Saint John. This meticulously maintained 5-unit building consists entirely of high-demand two-bedroom suites, offering a uniform layout that simplifies management. A standout feature for any portfolio: Tenants pay for their own heat, lights, and hot water, keeping your operating expenses predictable and lean. Each unit features in-suite laundry, & dishwashers. Significant capital expenditures have already been addressed, including newer windows, siding, roof covering, and exterior decks, ensuring minimal near-term costs. With nearly 100% historical occupancy and with a few units having ""room to lift"" rents to market value, this building offers an immediate blend of strong cash flow and long-term appreciation. Walkable to all Uptown amenities, dining, and transit. Rents are as follows. Unit -1 $1200, unit-2 $1030, unit-3 $950, unit -4 $1200, & unit -5 $1100 ***Income = $65,760 per year Expenses are: Property Taxes: $ 6405.35, Insurance $3,083, Electricity $609, water/sewerage $2128.11 & garbage $2040 ****Expenses + $14,221.44 ***Net Income $51,538.56 CAP RATE = 8.6% All sizes and measurements are the responibilitly of the buyer to verify. (id:63626)

Listed by: Michael Jackson, Salesperson, EXIT Realty Specialists

Home facts and features

Price details

List Price

$599,000

Gross Taxes for 2026

$6,405

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

Unfinished, Partial, Crawl space

Agent details

Primary Agent

Michael Jackson

Primary Broker

EXIT Realty Specialists

Listing details

Days on REW

85 Days

Property Views

129

MLS® Number

NB134114

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 2km

Prince Charles School

n/a
K - 8
In Catchment

St. Malachy's Memorial High School

n/a
9 - 12
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

Princess Elizabeth School

n/a
K - 8
In Catchment

Bayside Middle School

n/a
6 - 8
In Catchment

Divine Mercy Catholic School

n/a
K - 9
In Catchment

Bayview School

n/a
K - 5
In Catchment

Hazen-White-St. Francis School

n/a
K - 8
In Catchment

Centennial School

n/a
K - 5
In Catchment

9 Exmouth StreetSaint John, NB, E2L 3R9