Salehian.com 647-325-5000

198 Princess Street

Saint John, NB, E2L1K9

Listed by Royal LePage Atlantic

$1,200,000

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  • 3650 sq ft

Listed 6 days ago · MLS® NB149647

About this home

A rare Uptown asset combining executive-level living space with multiple income-producing units, this century-old brick brownstone delivers both prestige and performance. Thoughtfully renovated with modern finishings while preserving the classic architectural detailing that defines Uptowns historic charm, the building offers investors a high-confidence blend of stability, desirability, and long-term appreciation potential. The nearly 2000 sq ft executive suite spans the top two floors and serves as a premium anchor unitideal for maximizing rental income or for owner-occupiers seeking significant offset. This suite includes a private rooftop deck with unobstructed views of the Bay of Fundy and Saint John Harbour, an open-concept kitchen and living area with granite-topped island and built-in wine fridge, plus refined finishes throughout. The first level features a kitchen, living room, and 3/4 bath, while the upper level offers rooftop access, a spacious den/office, and a large primary bedroom with tile-shower ensuite and walk-in closet. I addition to the executive suite, the property generates reliable income through a diverse and efficient unit mix: Three One-Bedroom Units strong demand profile and consistent tenancy Two Bachelor Units low turnover, high affordability appeal Off-street parking for one vehicle adds convenience in this high-demand Uptown location, further supporting tenant retention and premium rents. Whether operated as a fully rented turnkey investment or owner-occupied with substantial income support, this property offers exceptional flexibility, strong cash-flow fundamentals, and a prime location in one of Saint Johns most sought-after neighbourhoods. A standout opportunity for investors seeking a stable, upscale, and strategically positioned multi-unit asset. (id:66966)

Details

Type
Multi-family
Size
3650 sq ft
Basement
Crawl space
Property tax
$11,197
Municipality
Saint John

Interior

Fireplace
No
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Flooring
Tile, Hardwood

Heating, cooling and services

Heating
Heat Pump, Electric
Air conditioning
Heat Pump
Water and sewer
Municipal sewage system

Building and exterior

Foundation
Concrete
Outdoor
Brick

Location

Location is approximate. See nearby homes on the map

Listed by Royal LePage Atlantic.

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