259 Princess Street Saint John, New Brunswick E2L 1L4
$650,000
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:63476)
Property Details
| MLS® Number | NB140012 |
| Property Type | Multi-family |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Appliances | Refrigerator, Stove, Washer, Dishwasher, Dryer |
| Basement Type | Full |
| Exterior Finish | Brick, Stucco |
| Flooring Type | Carpeted, Ceramic, Vinyl, Hardwood |
| Foundation Type | Concrete, Stone |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Hot Water |
| Stories Total | 2 |
| Size Interior | 4,000 Sqft |
| Total Finished Area | 4000 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access, Public Road |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 4090 |
| Size Total | 4090 Sqft |
| Size Total Text | 4090 Sqft |
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May 22 2026 02:12:07
New Brunswick Real Estate Board
Royal LePage Atlantic