198 Princess Street,Saint John, NB E2L1K9
Saint John, NB E2L1K9
Description
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:13843)
Details
| MLS # | NB149647 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 10 |
| Listing Provided By | Royal LePage Atlantic | Chris Gallant |
Features
| SQ Feet | 3,650 |
|---|---|
| Basement | Y |
| Units | 6 |
| Acreage | 0.04 |
| Property View | Ocean view |
Interior
| Cooling | Heat Pump |
|---|---|
| Heating | Heat Pump, Electric |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Balcony/Deck/Patio |
|---|---|
| Foundation Details | Concrete |
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 11197 |
|---|
Area Information
| Province | NB |
|---|---|
| City | Saint John |
| Postal Code | E2L1K9 |
| Listing VS Median (in E2L1K9) | |
Price: $1,200,000 low | high Med: $1,200,000 sqft: 3,650 low | high Med: 3,650 $ / sqft: $329 low | high Med: $329 On site: 10 low | high Med: 10 | |
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Learn More About This Property
| Province | NB |
|---|---|
| City | Saint John |
| Postal Code | E2L1K9 |
| Listing VS Median (in E2L1K9) | |
Price: $1,200,000 low | high Med: $1,200,000 sqft: 3,650 low | high Med: 3,650 $ / sqft: $329 low | high Med: $329 On site: 10 low | high Med: 10 | |
 | $1,100,0001 Princess StreetSaint John, NB E2L1J9 |
 | $1,100,0001 Princess StreetSaint John, NB E2L1J9 |
 | $1,100,0001 Princess StreetSaint John, NB E2L1J9 |