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CANBSaint JohnSaint John Centre242 Germain St
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242 Germain St, Saint John, NB

Real Estate

For Sale

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  • Key Facts
  • Description
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Key Facts

Type Triplex
Levels Residential Income
Size 2700 sqft
Garage No
Taxes $7,625
Days Active 88
Lot Size 
Approx. Age 1901
Avg. Price Per Sqft $214
MLS® Number NB123330

Property Address: 242 Germain St, Saint John, NB, E2L2G6

Average square foot calculated using Size range provided by listing agent.

Description

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 unit is rented at $1, 300 per month plus utilities. The middle unit is currently rented at $1, 400/month plus utilities. The bottom unit is currently rented at $1, 750/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 is $53, 400 annually, with a net operating income of $40, 107. 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)Show Description
MLS® NumberNB123330
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1901
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Starting Address
Destination Address
242 Germain St, Saint John, NB

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