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MLS® NB137572

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 3520 sqft
Garage 
Taxes $12,781
Days Active 8
Lot Size 
Approx. Age 1879
Avg. Price Per Sqft $326
MLS® Number NB137572

Property Address: 1 Princess St, Saint John, NB, E2L1J9

Average square foot calculated using Size range provided by listing agent.

Description

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 $104, 667 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 $74, 746. 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. (id:58753)Show Description
MLS® NumberNB137572
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1879
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Dining Room:Third FloorNot available
Other:Second FloorNot available
Living Room:Third FloorNot available
Great Room:Main FloorNot available
Kitchen:Main FloorNot available
Laundry:Upper LevelNot available
Bedroom 1:Main FloorNot available

Price History

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  • Commute

Commute

Starting Address
Destination Address
1 Princess St, Saint John, NB

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