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Two garage bays provide parking or storage, with potential integration into adjacent units to create additional bedroom space and enhance value. Select units may also offer future combination opportunities. Additional features include two off-street parking spaces, FibreOP service directly to each unit, a Venmar system and electric boilers supplying cast iron radiators. Decades of thoughtful investment mean the costly and disruptive work of creating a quality multi-unit residential asset is already complete. Its architectural character adds tenant appeal while remaining a manageable, established apartment building. With approximately $143,500 in reported annual net income, an 8% CAP rate and 30% ROI, the property offers strong income, replacement-cost advantage, established operations and future flexibility in one of Saint Johns most desirable rental locations. 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Princess Street","City":"Saint John","Country":"Canada","Province":"New Brunswick","PostalCode":"E2L1J9","IsAvailable":true,"ListingID":"NB137572","Price":1100000,"OriginalPrice":1100000,"PriceDrop":false,"isPowerOfSale":false,"PriceHistory":[{"timestamp":"1787914978","price":1100000,"event":"Listed"}],"isCrea":true,"CREAID":29630195,"Agents":[],"Brokers":[],"isDistributed":true,"domainIDs":[],"OwnerIDs":[],"BoardIDs":[25],"isRelatedTo":false,"Latitude":45.271321,"Longitude":-66.062302,"coordinates":[-66.062302,45.271321],"BoardLatLng":true,"GeoCodeStatus":"cached","LotSquareFootage":3520,"LotSquareFootageOrigin":3520,"MarketingRemarks":"Welcome to 1 Princess Streetan iconic heritage property established in 1879 and widely recognized as the historic Thomas Furlong Building. Ideally located in the heart of uptown, this exceptional mixed-use property offers both commercial and residential space, all within steps of the Harbour Passage and showcasing views of the Bay of Fundy. The primary residence is a beautifully appointed two-storey unit featuring a spacious, well-designed kitchen, one-and-a-half bathrooms, a whirlpool tub, and in-unit laundry. Thoughtfully finished throughout, this unit offers both comfort and character, making it a standout living space. Total rental income can be higher (dependant on how much the owner resides in any of the units). Approx. total income  $107,907 Approx. expenses: Taxes  $13,781, insurance  $4,800, garbage  $240, Other  $360, electricity  $7,920, water\/sewer  $420, and maintenance  $2,400. Approx. total expenses  $29,921. Approx. net income  $77,986. In addition to the main unit, the property includes two fully furnished residential flats and a lower-level commercial space, creating a versatile and income-generating opportunity. Currently operating as a turnkey Airbnb, this property is perfectly positioned directly across from Area 506 and the ongoing Fundy Quay transformationplacing it at the center of one of the citys most exciting and rapidly evolving areas. Each unit highlights quality craftsmanship and timeless charm, while the common areas feature beautiful built-in cabinetry. With exceptional curb appeal and evident pride of ownership throughout, this landmark property has been meticulously maintained. An opportunity to own one of the citys most recognizable heritage properties, offering strong income potential and unmatched characterthis is an investment that truly stands apart.  (Note: Ground Floor recently rented out for $2,800 annual lease) (id:5706)","PropertyType":"Multi-Family","PropertyStyle":"other","listedOn":1787914978,"sortByDateTime":1787914978,"BrokeredBy":["Royal LePage Atlantic"],"Details":{"Bathrooms":5,"Bedrooms":1,"CentralAC":false,"BedroomsAboveGround":1,"BedroomsBelowGround":0,"YearBuilt":1879,"Fireplace":false,"Extras":"","HeatingType":"Baseboard heaters, Heat Pump","Exterior":"Brick, Stone","MLSDistrict":false,"PossessionDate":false,"ExerciseGym":false,"ParkingDrive":false,"Use":false,"Employees":false,"FrontFootage":false},"Rooms":[],"OpenHouse":[],"Keywords":"Welcome to 1 Princess Streetan iconic heritage property established in 1879 and widely recognized as the historic Thomas Furlong Building. Ideally located in the heart of uptown, this exceptional mixed-use property offers both commercial and residential space, all within steps of the Harbour Passage and showcasing views of the Bay of Fundy. The primary residence is a beautifully appointed two-storey unit featuring a spacious, well-designed kitchen, one-and-a-half bathrooms, a whirlpool tub, and in-unit laundry. Thoughtfully finished throughout, this unit offers both comfort and character, making it a standout living space. Total rental income can be higher (dependant on how much the owner resides in any of the units). Approx. total income  $107,907 Approx. expenses: Taxes  $13,781, insurance  $4,800, garbage  $240, Other  $360, electricity  $7,920, water\/sewer  $420, and maintenance  $2,400. Approx. total expenses  $29,921. Approx. net income  $77,986. In addition to the main unit, the property includes two fully furnished residential flats and a lower-level commercial space, creating a versatile and income-generating opportunity. Currently operating as a turnkey Airbnb, this property is perfectly positioned directly across from Area 506 and the ongoing Fundy Quay transformationplacing it at the center of one of the citys most exciting and rapidly evolving areas. Each unit highlights quality craftsmanship and timeless charm, while the common areas feature beautiful built-in cabinetry. With exceptional curb appeal and evident pride of ownership throughout, this landmark property has been meticulously maintained. An opportunity to own one of the citys most recognizable heritage properties, offering strong income potential and unmatched characterthis is an investment that truly stands apart.  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This multi-unit property at 101 Carleton Street is currently operating as a 7-unit building, with an additional unit already in place offering future potential (buyer to verify). The property features a strong unit mix, primarily 2-bedroom units, appealing to a wide range of tenants. Units 1-4 are currently rented. Rents are as follows: Unit 1  $1,500\/month, Unit 2  $1,350\/month, Unit 3  $1,450\/month, Unit 4  $1,500\/month. All tenants pay their own heat\/electricity. Additional units with projected rents are: Unit 5  $1,400\/month, Unit 6  $1,600\/month (this unit is not a legal unit), Unit 7  $1,100\/month, Unit 8  $1,000\/month. This brings projected gross annual income to approximately $130,800. Annual expenses include property taxes of $13,309, insurance of $2,500, water and sewer of $4,500, garbage removal of $1,586, and snow removal of $800, totaling approximately $22,695 in yearly expenses. This results in a projected net income of approximately $108,105. The building features in-unit laundry, and on-site parking. Located just steps from the hospital, and minutes to uptown Saint John, TD Station, restaurants, and amenities, this is a highly rentable area with consistent tenant demand. While the property would benefit from some TLC, the upside is clear. Whether you're looking to improve and stabilize, or hold long-term, this is a property where the numbers make sense with the right approach. (id:5706)","PropertyType":"Multi-Family","PropertyStyle":"other","listedOn":1774536213,"sortByDateTime":1774536213,"BrokeredBy":["RE\/MAX Professionals"],"Details":{"Bedrooms":0,"LandSize":"418 m2","CentralAC":false,"Water":"Municipal water","BedroomsAboveGround":0,"BedroomsBelowGround":0,"YearBuilt":0,"YearBuiltOptional":"","Fireplace":false,"Extras":"","Exterior":"Brick, Vinyl","MLSDistrict":false,"PossessionDate":false,"ExerciseGym":false,"ParkingDrive":false,"Use":false,"Employees":false,"FrontFootage":false},"Rooms":[{"RoomLengthPrimery":"0","RoomLengthSecondary":"0","RoomWidthPrimery":"0","RoomWidthSecondary":"0","level":"","description":"","unitName":"ft_in","primaryUnit":" ft, ","secondaryUnit":" in","name":""}],"OpenHouse":[],"Keywords":"An opportunity with serious upside in the heart of Saint Johns City Centre. This multi-unit property at 101 Carleton Street is currently operating as a 7-unit building, with an additional unit already in place offering future potential (buyer to verify). The property features a strong unit mix, primarily 2-bedroom units, appealing to a wide range of tenants. Units 1-4 are currently rented. Rents are as follows: Unit 1  $1,500\/month, Unit 2  $1,350\/month, Unit 3  $1,450\/month, Unit 4  $1,500\/month. All tenants pay their own heat\/electricity. Additional units with projected rents are: Unit 5  $1,400\/month, Unit 6  $1,600\/month (this unit is not a legal unit), Unit 7  $1,100\/month, Unit 8  $1,000\/month. This brings projected gross annual income to approximately $130,800. Annual expenses include property taxes of $13,309, insurance of $2,500, water and sewer of $4,500, garbage removal of $1,586, and snow removal of $800, totaling approximately $22,695 in yearly expenses. This results in a projected net income of approximately $108,105. The building features in-unit laundry, and on-site parking. Located just steps from the hospital, and minutes to uptown Saint John, TD Station, restaurants, and amenities, this is a highly rentable area with consistent tenant demand. While the property would benefit from some TLC, the upside is clear. Whether you're looking to improve and stabilize, or hold long-term, this is a property where the numbers make sense with the right approach. 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When history and elegance are on your real estate wish list, this beautifully restored, Victorian home (circa 1877). offers plenty to the right homeowner or investor. With tremendous curb appeal, an attached 2-car garage, private backyard, view of the ocean\/causeway and provides many opportunities. Featuring on exquisite main kitchen and entertaining area and 7 working fireplaces, this property is ideal for owner occupancy\/in-family living and boasts approx. 5000 square feet of living space. This home has a stunning entry way, has a large sundeck, tall ceilings, has plenty of charm and character throughout and is a must-see for anyone looking for a grand property. With a possible 5 incomes (3 bedroom-$2,500, 2-2 bedroom - $1,300 and $1,400, 1-bedroom - $1,400 and a bachelor - $650), this property has an approx. total rental income of - $87,000. Approx. expenses are: Insurance - $3,120, Heat - $6,384, other - $3,936, water\/sewer - $6,173, electricity - $12,782 and taxes - $11,048. Approx. total expenses - $43,443 and approximate net income - $43,557. *Note* - Some furnishings are able to remain (id:5706)","PropertyType":"Multi-Family","PropertyStyle":"other","listedOn":1788953048,"sortByDateTime":1788953048,"BrokeredBy":["Royal LePage Atlantic"],"Details":{"Bedrooms":0,"LandSize":"15694 sqft","CentralAC":false,"Water":"Municipal water","BedroomsAboveGround":0,"BedroomsBelowGround":0,"YearBuilt":1877,"Fireplace":false,"Extras":"","HeatingType":"Baseboard heaters, Hot Water","Exterior":"Brick","MLSDistrict":false,"PossessionDate":false,"ExerciseGym":false,"ParkingDrive":false,"Use":false,"Employees":false,"FrontFootage":false},"Rooms":[{"RoomLengthPrimery":"0","RoomLengthSecondary":"0","RoomWidthPrimery":"0","RoomWidthSecondary":"0","level":"","description":"","unitName":"ft_in","primaryUnit":" ft, ","secondaryUnit":" in","name":""}],"OpenHouse":[],"Keywords":"Welcome to 290 Crown Street! 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Surrounded by restaurants, caf\u00e9s, the waterfront, entertainment, and major employers, this highly walkable location continues to attract tenants seeking an urban lifestyle with everyday conveniences just steps from their door. The property features five self-contained units, common laundry facilities, off-street parking, and private outdoor space for select units. Unit styles vary throughout the building, offering a mix of updated spaces alongside more traditional layouts, creating broad appeal for a diverse tenant base and supporting long-term occupancy. Large windows, generous room sizes, and unique architectural elements help set the property apart from typical apartment offerings, while the location remains a key driver of tenant demand. Residents enjoy the ability to walk to work, local events, restaurants, and the waterfront, making this a lifestyle-focused rental property in one of Saint John's most desirable neighbourhoods. With stable rental income, desirable tenant amenities, and a proven Uptown location, 187 Germain Street represents an excellent opportunity for investors looking to add a quality multi-family asset to their portfolio. 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Welcome home to the South End of Saint John Peninsula with the mesmerizing Atlantic Ocean a short walk away behind the bldg; the city center is just up the hill, a display mix of new construction like the Irving Oil world wide head office, as well as historic buildings that stood the test of time. Rents: apt 1, $995, apt 2, $1,200, apt 3, $1,850, apt 4, $895, apt 5, $1,050, apt 6, $1,300. Rent total about $7,290\/mo or $87,480. Expenses: Tax $4,972, Water $3,000, Electricity $884, Insurance $4,021. All dimensions and numerics are approximate and may be verified by the buyer. Interested buyers may consider buying a whole portfolio consisting of 260 Douglas Ave 9 plex, 130-132 Broad st 6 plex, 148 Broad st 5 plex, 19 Cedar st 5 plex, 224 Britain st 5 plex and 290 King st W 6 plex. 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Welcome home to the South End of Saint John Peninsula with the mesmerizing Atlantic Ocean a short walk away behind the bldg; the city center is just up the hill, a display mix of new construction like the Irving Oil world wide head office, as well as historic buildings that stood the test of time. Rents: apt 1, $995, apt 2, $1,200, apt 3, $1,850, apt 4, $895, apt 5, $1,050, apt 6, $1,300. Rent total about $7,290\/mo or $87,480. Expenses: Tax $4,972, Water $3,000, Electricity $884, Insurance $4,021. All dimensions and numerics are approximate and may be verified by the buyer. Interested buyers may consider buying a whole portfolio consisting of 260 Douglas Ave 9 plex, 130-132 Broad st 6 plex, 148 Broad st 5 plex, 19 Cedar st 5 plex, 224 Britain st 5 plex and 290 King st W 6 plex. 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