$1,499,900
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114 116 Wentworth Street, Saint John, NB E2L 2S4

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A compelling opportunity to acquire a fully developed eight-unit apartment building in the heart of Uptown Saint John at a cost well below estimated new-construction replacement value. With new multi-residential construction estimated at approximately $220k per door, this established property is offered at less than $200k per door, with the major redevelopment work already completed. A buyer avoids the time, uncertainty and expense of building permits, construction and lease-up while acquiring an operating fully leased income property with updated units, established tenants and minimal anticipated maintenance. The building includes five one-bedroom and three two-bedroom apartments, a desirable mix for the Uptown rental market. Over the past 33 years, it has been carefully improved with quality materials and an emphasis on longevity and efficient ownership. Units offer distinctive features that set them apart from conventional rental stock, including exposed brick, skylights, fireplaces, stainless steel kitchens, breakfast nooks, generous storage and architectural details that support strong tenant appeal. Two garage bays provide parking or storage, with potential integration into adjacent units to create additional bedroom space and enhance value. Select units may also offer future combination opportunities. Additional features include two off-street parking spaces, FibreOP service directly to each unit, a Venmar system and electric boilers supplying cast iron radiators. Decades of thoughtful investment mean the costly and disruptive work of creating a quality multi-unit residential asset is already complete. Its architectural character adds tenant appeal while remaining a manageable, established apartment building. With approximately $143, 500 in reported annual net income, an 8% CAP rate and 30% ROI, the property offers strong income, replacement-cost advantage, established operations and future flexibility in one of Saint Johns most desirable rental locations.

Listing By: JUDY MITCHELL - RE/MAX Professionals cnnbrea Realty.com
  • MLS® NB140462
  • Date Listed06/05/2026
  • Days on Realty 116 Days
  • Bedrooms 0
  • Bathrooms
  • Lot Size 3,520 sq. ft
  • Sewer Public Sewer
  • Property Type Multi Family
  • County Saint John
  • Water Public

Interior Features

  • Flooring Laminate, Tile, Wood
  • Heating Electric, Hot Water, Radiator

Exterior / Lot Features

  • Roof Membrane
  • Lot Size Acres -
  • Lot Size SQFT 3,519.80
  • Lot Features View: City

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for E2L 2S4

Discover key demographics, population statistics, and environmental insights for the Saint John, NB area.

Walkability in NB / E2L 2S4

Source: Walk Score

65/100

Somewhat Walkable

Walk Score ®

39/100

Some Transit

Transit Score ®

45/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

10 nearby routes: 10 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 32/100, Transit Score: 26/100, Bike Score: 27/100.

Points of Interest near 114 116 Wentworth Street, Saint John, NB E2L 2S4

Frequently Asked Questions for 114 116 Wentworth Street

Source: Realty.com

114 116 Wentworth Street, Saint John, NB E2L 2S4 in Saint John, NB E2L 2S4 is a multi family listed at $1,499,900. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 114 116 Wentworth Street.

The full address for this home is 114 116 Wentworth Street, Saint John, NB E2L 2S4.

114 116 Wentworth Street has been listed on Realty.com since Fri June 05, 2026

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 32/100, Transit Score: 26/100, Bike Score: 27/100.

Listing provided courtesy of: RE/MAX Professionals (tel: (506) 634-8200)
Listing agent: JUDY MITCHELL

This content last refreshed on 2026-09-29 19:39:56. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.