CANBSaint John3 Charlotte St
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3 Charlotte St, Saint John, NB

Real Estate

For Sale

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MLS® NB129776

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 7341 sqft
Garage No
Taxes $13,659
Days Active 141
Lot Size 
Approx. Age 1867
Avg. Price Per Sqft $143
MLS® Number NB129776

Property Address: 3 Charlotte St, Saint John, NB, E2L2H3

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

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:58753)Show Description
MLS® NumberNB129776
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1867
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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  • Commute

Commute

Starting Address
Destination Address
3 Charlotte St, Saint John, NB

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