22 Queen South Street Saint John, New Brunswick E2L 1R7

$849,000

Presenting a handsome five-unit brick building overlooking the Bay of Fundy and Partridge Island. Situated on the south side of Saint John's family friendly Queen Square, this property is a historically significant asset, retaining an exceptional array of preserved architectural styles. All units are currently occupied, generating stable rental income totalling just under $100k yearly. Units feature spacious layouts that retain original character, and two of the units (#3 and #4) are fully furnished, offering added convenience for tenants or potential short-term rental options. Upper-level decks provide spectacular views of the Bay of Fundy, further enhancing the property's unique appeal. This property offers a lucrative investment opportunity with the option to reside on-site while benefiting from consistent rental income. Located just blocks from Uptown Saint John's amenities, residents can enjoy proximity to fine dining, art galleries, and boutique shops, fostering a highly sought-after urban lifestyle. In addition, a new elementary school will soon be under construction just one block away. This will add additional marketability to these large units. Don't miss the chance to own a piece of Saint John's history combined with modern rental potential. This is a designated heritage property. Detailed financials, rent roll, and leases all on file . 36 hours notice required for showings. Offers considered as received. (id:19018)

Property Details

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Land

https://www.realtor.ca/real-estate/27978636/22-queen-south-street-saint-john