Name: 242 Germain St, For Sale in Saint John - eXp Realty
Brand: EXP REALTY
SKU: NB123330
Price: 579900 CAD

germain st

0 Bedroom Real Estate has been listed for sale at 242 Germain St in Saint John for $579,900. Chat with a local expert, book a tour.

Saint John

Saint John Centre

242 Germain St

242 Germain St, For Sale in Saint John - eXp Realty

Solid, well-maintained brick triplex on a sunny corner lot in Saint Johns vibrant uptown core. Located on prestigious Germain Street, just steps from Queen Square Market, restaurants, and shops, this turn-key investment combines strong income with low maintenance. All three units are self-contained with private laundry. Tenants pay their own heat and lights. The building includes a separate water meter and one rare off-street parking space. The master unit features a heat pump and a modern kitchen with stainless appliances and a dishwasher. Large corner windows bring in excellent natural light. The top and bottom units will be delivered vacant. The top unit was previously rented at $1, 400/month plus utilities. The middle unit is currently rented at $1, 400/month plus utilities. The bottom unit was previously rented at $1, 850/month plus utilities. 2024 actual expenses total $13, 292.18 (insurance $1, 621; water/sewer $1, 727.76; electricity $2, 318; property tax $7, 624.59). Total income at market rents is $55, 800 annually, with a net operating income of $42, 507representing a cap rate of approximately 7.33%. A prime location and a strong investmentideal for both owner-occupiers and long-term buy-and-hold investors. Vendor is a licensed REALTOR® in the province of New Brunswick. (id:58753)

What a fantastic 3-family building! Rents are $1150, $900, & $750. One 2+ bedroom unit and 2 - 1 bedroom units. This brick building has off street parking. Heritage exposed brick in living room, whirlpool tub in main unit, gorgeous kitchen, newer electrical, hardwood floors, and so much more! Beautiful kitchen cabinets and large island. Walk anywhere uptown and enjoy all the amenities it has to offer. Total rental income - $33,600, heat - $5300, taxes - $8333, insurance - $1500, water/sewer - $1527, electricity - $2000, and other costs - $1440. Approx. net income - $13,500.

Amazing 3 unit brick brownstone on trendy Germain St with a 2 storey owners unit and off street parking! (id:15898)

Amazing 3 Unit Brick Brownstone On Trendy Germain St. (Id:15898)

This Gorgeous Renovated Triplex Is Sure To Impress. Located On One Of The Most  Desired Streets In Uptown Saint John And Is Only A Few Blocks Away From The Waterfront, Shops, Restaurants, Entertainment, Parks And Schools. Whether You'Re Looking For An Investment Property, Airbnb Or To Live In As Your Primary Residence, You Certainly Can Not Find A Better Location Then This. The Main Floor Unit Offers 2 Level Living And Features A  Beautiful Open Designed Living Room, Kitchen And Dining Room With Hardwood Floors, Original French Doors, A Newly Renovated Kitchen With A Center Island, Brick Exposed Accent Wall And Heat Pump. The Lower Level Offers 2 Bedrooms, A Fully Renovated 4pc Bath, Laundry And The Ideal Spot For An In Home Office With A Walkout. The Upper Two Floors Both Offers Newly Renovated One Bedroom Apartments And Features Newer Kitchens, Baths, Large Living Rooms, Fantastic Size Bedrooms And Insuite Laundry. This Property Is Already A Money Maker And Has Huge Potential To Gross Even Higher Revenue. This Building Has Had Many Updated Including, New Electrical Entrance And Wiring Throughout, New Plumbing, New Heat Pump, Completely Renovated Units, The List Goes On And On. If You'Re Looking For The Perfect Opportunity To Invest In The Best Location In The City Then Call Today To Book A Private Viewing. You Certainly Do Not Want To Miss Out On This One!! (Id:15898)

This beautifully updated brick triplex sits proudly on a sunlit corner lot in one of Saint Johns most prestigious streetsGermain, this turn-key investment offers strong income, excellent tenant setup, and unmatched location appeal. All three units are self-contained, with in-unit laundry, and tenants pay their own heat and lightskeeping owner expenses minimal. Theres even a water meter installed to keep your water bill efficient. The master unit boasts rare off-street parking, a spacious modern kitchen with stainless steel appliances, and a dishwasher. Corner windows flood the space with natural light, and the classic brick exterior adds character and lowers exterior maintenance (only two walls to care for). The buildings layout includes: A 2-bed + den master unit Two charming 1-bedroom units Current rents are $1850, $1400, and $1400. **Location is everything**and this one is truly premium. Walk just 30 seconds to Queen Squares Sunday Farmers Market, 2 minutes to Saint John High School, and under 5 minutes to the Area 506 Waterfront Container Village and the newly revitalized Saint John Boardwalk. Surrounded by the citys best restaurants, bars, and entertainment, this location offers true walkable living in the heart of Uptown. Whether you're looking for strong rental income, a live-in owner setup, or a prime Airbnb optionthis corner triplex checks every box. Vendor is a licensed REALTOR® in the province of New Brunswick. (id:58753)

242 Germain St, Saint John, NB

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