298-300 Princess St

For Sale 108 Days
$699,900 $75K
$624,900
beds
baths
4,040 Sqft

298-300 Princess St

For Sale 108 Days
$699,900 $75K
$624,900
beds
baths
4,040 Sqft

Highlights

Key insights

Description

  • Home value ($/Sqft)
    $155/Sqft
  • Time on Houseful
    108 days
  • Property type
    Multi-family
  • Neighbourhood
  • Lot size
    4,898 Sqft
  • Year built
    1875
  • Mortgage payment

Welcome to 298300 Princess Street A Historic Uptown Gem with Modern Income Potential. Step into the heart of Uptown Saint John with this impressive 4-unit income property, built circa 1875 and beautifully maintained to offer a seamless blend of historic character and modern updates. This stately building features rich details throughout, including original woodwork, soaring 15-foot ceilings, marble fireplaces, and parlour doorsshowcasing the craftsmanship of its time. Situated in one of the most vibrant areas of the city, tenants enjoy being steps from restaurants, nightlife, boutique shops, and everything uptown living has to offer. The top-floor unit offers views of the Bay of Fundy and access to a private rooftop patioa unique feature for urban living. All four units are currently rented, with monthly rents of $1,550, $1,575, $1,550, and $1,300 including heat and hot water with tenants paying their hydro, generating a total annual rental income of $70,800. With expenses of $27,862, the approximate net income is $42,938making this a strong and stable investment. A triple-car garage at the back of the building provides valuable off-street parking for tenants or the potential for additional rental income. Call today to schedule your private viewing and add this 4 Unit to your investment portfolio. (id:63267)

Andrea Davies of eXp Realty,
#NB118802
updated 3 days ago.
Houseful checked MLS® for data 3 days ago.

Home overview

Amenities / Utilities
  • Heat source
    Electric, oil
  • Heat type
    Baseboard heaters
  • Sewer/ septic
    Municipal sewage system
Exterior
  • # total stories
    4
Interior
  • Flooring
    Laminate, wood
Lot/ Land Details
  • Lot dimensions
    455
Overview
  • Lot size (acres)
    0.11242896
  • Building size
    4040
  • Listing #
    Nb118802
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28335724/298-300-princess-street-saint-john
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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