$1,199,900
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198 Princess Street, Saint John, NB E2L 1K9

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Premier Uptown Saint John Investment Opportunity. This renovated six-unit brick brownstone combines immediate income generation with long-term appreciation potential in one of the city's most desirable rental markets. Situated in the heart of Uptown, this character-filled asset offers a diversified unit mix that sets it apart from typical multi-family offerings. Historically low vacancy have contributed to stable performance and reliable income generation. Generating over $82, 000 in annual rental income, with the potential to exceed $100, 000 annually should the executive suite (owner-occupied) be rented The property consists of three one-bedroom units, two bachelor units, and an impressive nearly 2, 000 sq. ft. two-floor executive suite, creating a balanced revenue stream across multiple tenant profiles. The smaller units cater to the strong and consistent demand for affordable Uptown rentals, while the executive suite provides the opportunity for premium rental income, or an owner-occupied strategy with substantial rental income from the remaining units significantly offsetting ownership costs. Extensive renovations have modernized the building while preserving the historic brick faade and architectural character that make Uptown properties highly sought after. The executive suite features an open-concept layout, granite island kitchen, built-in wine fridge, spacious office/den, primary suite with walk-in closet and ensuite, and a private rooftop deck offering panoramic views of the Bay of Fundy and Saint John Harbour, creating a truly unique rental offering in uptown Saint John This property offers investors a rare combination of multiple income streams, premium rental potential, strong tenant demand, historic character, and prime location fundamentals. Opportunities to acquire a renovated, mixed-income asset of this calibre in Uptown Saint John are exceptionally limited. All apartments are heat pump heated, and all heat pump units are owned.

Listing By: CHRIS GALLANT - Royal LePage Atlantic cnnbrea Realty.com
  • MLS® NB149647
  • Date Listed10/15/2026
  • Days on Realty 31 Days
  • Bedrooms 0
  • Bathrooms
  • Lot Size 1,872 sq. ft
  • Sewer Public Sewer
  • Property Type Multi Family
  • County Saint John
  • Water Public

Interior Features

  • Flooring Cushion, Cushion/Tile/Lino, Hardwood , Tile
  • Heating Electric, Heat Pump - Ductless

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 1,872.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for E2L 1K9

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

Walkability in NB / E2L 1K9

Source: Walk Score

99/100

Walker's Paradise

Walk Score ®

43/100

Some Transit

Transit Score ®

56/100

Bikable

Bike Score ®

Overview

Daily errands do not require a car. A few nearby public transportation options. Some 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: 33/100, Transit Score: 26/100, Bike Score: 24/100.

Points of Interest near 198 Princess Street, Saint John, NB E2L 1K9

Frequently Asked Questions for 198 Princess Street

Source: Realty.com

198 Princess Street, Saint John, NB E2L 1K9 in Saint John, NB E2L 1K9 is a multi family listed at $1,199,900. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 198 Princess Street.

The full address for this home is 198 Princess Street, Saint John, NB E2L 1K9.

198 Princess Street has been listed on Realty.com since Thu October 15, 2026

Daily errands do not require a car. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 33/100, Transit Score: 26/100, Bike Score: 24/100.

Listing provided courtesy of: Royal LePage Atlantic (tel: (506) 658-6440)
Listing agent: CHRIS GALLANT

This content last refreshed on 2026-11-15 12:58:22. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.