239 Britain Street Saint John, New Brunswick E2L 2X2
$599,900
Accepted Offer. A rare opportunity to acquire two multi-unit residential buildings on a single PID, offering a total of seven rental units in a prime uptown Saint John location and where tenants pay their own utilities. Situated at the corner of Britain Street and Pitt Street bordering the Turnbull Nursing Home. Building 1 is a Corner Building (Britain/Pitt); This structure contains four units: 239, 241 and 243 Britain Street as well as 239 Pitt Street. Building 2 is a separate three-Unit building wholly on Pitt Street: 233, 235 and 237 Pitt Street. Strong Financial Performance: Gross Income: $89,160; Gross Expenses: $27,342; Net Operating Income: $61,818 equals an exceptional CAP Rate of just over 10%. This property is a well-configured, centrally located multi-unit package offering strong cash flow, operational efficiency with all units on one PID. A solid opportunity for investors seeking income, stability, and long-term growth in a high-demand rental market. (id:55272)
Property Details
| MLS® Number | NB144277 |
| Property Type | Multi-family |
Building
| Appliances | Refrigerator, Stove |
| BasementType | Crawl Space |
| ExteriorFinish | Vinyl |
| FlooringType | Laminate, Hardwood |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| SizeInterior | 7000 Sqft |
| TotalFinishedArea | 7000 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 4101 |
| SizeTotal | 4101 Sqft |
| SizeTotalText | 4101 Sqft |
https://www.realtor.ca/real-estate/30144561/239-britain-street-saint-john
Interested?
Contact us for more information
Paul Bustin
Salesperson
71 Paradise Row
Saint John, New Brunswick E2K 3H6
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August 24 2026 01:12:06
Saint John Real Estate Board Inc
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