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187 Germain StreetSaint John, NB E2L 2G1

$770,000List price
3,980Sq Ft

Description

Located in the heart of Uptown Saint John, 187 Germain Street offers investors the opportunity to own a well-established five-unit apartment building in one of the city's strongest rental markets. Surrounded by restaurants, cafés, the waterfront, entertainment, and major employers, this highly walkable location continues to attract tenants seeking an urban lifestyle with everyday conveniences just steps from their door. The property features five self-contained units, common laundry facilities, off-street parking, and private outdoor space for select units. Unit styles vary throughout the building, offering a mix of updated spaces alongside more traditional layouts, creating broad appeal for a diverse tenant base and supporting long-term occupancy. Large windows, generous room sizes, and unique architectural elements help set the property apart from typical apartment offerings, while the location remains a key driver of tenant demand. Residents enjoy the ability to walk to work, local events, restaurants, and the waterfront, making this a lifestyle-focused rental property in one of Saint John's most desirable neighbourhoods. With stable rental income, desirable tenant amenities, and a proven Uptown location, 187 Germain Street represents an excellent opportunity for investors looking to add a quality multi-family asset to their portfolio. (id:31684)

Property Information

Property type
Residential Income
Sub-type
Multi Family
Living area
3,980 Sq Ft
Lot size
6,189 Sq Ft
Lot dimensions
6189
Ownership
Freehold
Listing #
NB142022

Property Features

Appliances
Cooktop · Washer · Refrigerator · Dryer
Heating
Natural Gas
Basement
Walk-Out Access · Partially Finished · Full
Construction
Brick
Foundation
Stone
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$7,561
Parcel number
11049

Directions

King to Germain

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