1-3 Charlotte Street, Saint John, NB E2L2H3
1-3 Charlotte Street, Saint John, NB E2L2H3
1-3 Charlotte Street, Saint John, NB E2L2H3
1-3 Charlotte Street, Saint John, NB E2L2H3
1-3 Charlotte Street, Saint John, NB E2L2H3
1-3 Charlotte Street, Saint John, NB E2L2H3
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Deanna Jones

Deanna Jones

+1(250) 486-1889
$ 950,000
Est. payment | /mo

7,341 SqFt

Save
$ 950,000
Est. payment | /mo
Save

7,341 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 7341

Square Footage 7,341 sqft

Price per Sqft $129

MLS® Listing ID NB129776

Year Built 1867

Lot Size 2,520 Sqft

Acres 2520.0

Property Sub-Type Freehold

Property Description

This could be the perfect investment property youve been searching for! Located at the high-exposure corner of Charlotte Street and Union Street in Uptown Saint John, this solid 3-storey brick commercial-residential mixed-use building (circa 1867) offers both historic charm and modern upgrades. Half the structure was rebuilt, with a full renovation completed in 2019, followed by further capital improvements totaling $42,000 in 2021. Just one block from the historic Saint John City Market, the property sits at the gateway to the North of Union project, waterfront redevelopment, and the Uptown Pedway Systema prime location for long-term value and strong rental demand. Commercial Unit: $2,300/month Four Residential Units Upstairs: 1-bedroom: $1,300/month 2-bedrooms: $1,400 and $1,600/month One 2-bedroom unit is currently vacant, with market rent potential above $1,500/month Total Annual Rental Income (fully leased): $97,200 Total Annual Expenses: $22,955 Net Operating Income (NOI): $74,245 Also includes: Private entrances, individual electric panels, and rented heat pumps for each unit In-unit 3-piece bathrooms and laundry Hot water tanks are owned Fire-rated doors and two stairwells Walkable to transit, shopping, and municipal parking Gross floor area is based on appraisers report; buyers are advised to verify all measurements independently. (id:24570)

Location

Province NB

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Heat Pump,

Cooling Heat Pump

Flooring Other, Tile, Vinyl

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Platinum Atlantic Realty Inc.

Nearby Locations

Deanna Jones

"After more than a decade of helping people buy and sell homes throughout the Okanagan, from Osoyoos to the Shuswap, I understand that every move is personal. Whether you are buying, selling, or simply exploring your options, I would be happy to help you reach your real estate goals. "

+1(250) 486-1889

deanna.jones@exprealty.com

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1-3 Charlotte Street