Multi-family
$449,900
Roughly $2,093 a month with 20% down at 5% over 25 years, before property tax, insurance and heat. Add up the monthly cost ›
146-148 Orange Street
Saint John, New Brunswick
2,800 square feet
Want to see it?
I can arrange a showing and tell you honestly whether the asking price holds up.
Call (506) 650-1242Ask about this homeListed by EXIT Realty Specialists
An outstanding opportunity to own a character-filled Uptown Saint John duplex offering strong current income, spacious units and meaningful property improvements. Currently generating $44,400 in annual gross rental income, with seller-reported operating expenses indicating an approximate NOI of $28,620 and a 6.36% cap rate at the asking price. Offering approximately 1,300 sq. ft. per unit, 146-148 Orange Street combines the charm of a historic home with the functionality today's tenants value. High ceilings, bay windows, original hardwood floors and trim, separate living and dining spaces, bright eat-in kitchens with butler's pantries, generous storage and access to a fully fenced backyard create two highly appealing rental units. 146 Orange offers 3 bedrooms, while the top-floor 148 Orange features 4 bedrooms, a breakfast nook and one off-street parking space. Both units feature laundry connections and bathrooms with classic claw-foot tubs and rainfall shower heads. Mature trees, outdoor space and water views add to the property's distinctive Uptown setting. Both units are currently occupied under annual leases, with 146 renewing each January and 148 each August. The leases include a 2% annual rent increase provision, subject to the terms of each lease. Tenants pay their own separately metered electricity and heat. Recent improvements include select replacement windows and insulation completed in 2023-2024, chimney repointing and lining completed approximately 2024, major plumbing connecting to the municipal waste system replaced in 2020, and energy-efficient baseboard heating added to the main living spaces in 2025. The roof membrane was replaced in 2008. Whether you're expanding an investment portfolio or looking for a distinctive income property in one of Saint John's most established neighbourhoods, 146-148 Orange Street offers a compelling combination of character, location, current income and long-term potential. (id:66617)
The details
- Property type
- Multi-family
- Living area
- 2,800 square feet
- Lot size
- 461 square meters
- Heating
- Baseboard heaters, Electric
- Basement
- Unfinished, Full
- Flooring
- Tile, Hardwood, Vinyl
- MLS® number
- NB147361
Roughly $2,093/month principal and interest, assuming 20% down at 5% over 25 years — an illustration, not a quote. Run your own numbers.
Where it sits
Orange Street, Saint John
Every home for sale in Orange StreetRead the Uptown Saint John guideNeighbourhood boundaries: City of Saint John open data, Open Government Licence.
- Uptown Saint John
- 1.2 km
- Millidgeville
- 5.8 km
- Rothesay
- 12.4 km
Straight-line distances from the coordinates the feed supplies.
On the map
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The pin sits at the coordinates the feed supplies. Neighbourhood boundaries are the City of Saint John’s open data, drawn where the home falls inside one.
43 photos · tap any to view full size
Ask about this home
146-148 Orange Street
Whether the price holds up, what the neighbourhood is like, when you could see it. I’ll answer honestly, and if it’s not the right home I’ll say so.
Listed by EXIT Realty Specialists
Andrew’s Assistant
AI concierge · Greater Saint John
Hi! I'm Andrew's assistant. Ask me about 146-148 Orange Street in Saint John, listed at $449,900: the facts the listing carries, how it compares to what else is for sale, or what happens next if you want to see it. For anything the listing does not say, I'll point you to Andrew.
AI-generated answers may be inaccurate and are general information only, not real estate, legal, or financial advice. For anything specific, call Andrew at (506) 650-1242.
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