240 Prince William Street

$829,000

Roughly $3,857 a month with 20% down at 5% over 25 years. Run your own numbers ›

240 Prince William Street

Saint John, New Brunswick

5,165 square feet

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I can arrange a showing and tell you honestly whether the asking price holds up.

Call (506) 650-1242Ask about this home

Listed by Royal LePage Select Realty

An exceptional opportunity to acquire a distinguished heritage mixed-use investment property in one of Uptown Saint Johns most sought-after locations. Positioned beside Saint John High School, directly across from the prestigious Harbourfront Residences, and steps from the iconic Three Sisters Lamp, this landmark property enjoys water views and seasonal views of the cruise ships while offering convenient access to the citys finest restaurants, boutiques, and waterfront amenities. Meticulously maintained and extensively improved, the property has benefited from approximately $450,000 in capital upgrades over the years, preserving its historic character while enhancing long-term performance and reliability. Significant improvements include roof patching and drainage upgrades, replacement two out of three furnaces in recent years, major electrical upgrades completed and replacement of the original Kitec/copper water lines with durable PEX plumbing in 2018. The building has also undergone a City inspection and is compliant with all current code requirementsan exceptional advantage for a heritage asset. This fully leased investment features two established long-term commercial tenants on the main floor and three fixed-term residential apartments on the upper levels, providing a balanced and diversified income stream. An attached parking lot generates additional revenue, while all tenants pay their own heat and electricity, contributing to efficient operating costs and a current 8.48% cap rate. Rarely does a property combine historic charm, exceptional maintenance, proven income stability, and an irreplaceable Uptown location. This is a true turnkey investment offering strong cash flow today with outstanding long-term appreciation potential. Seller is a licensed real estate salesperson in the Province of New Brunswick. (id:66617)

The details

Property type
Other
Living area
5,165 square feet
Lot size
3,065 square feet
Heating
Baseboard heaters, Electric
MLS® number
NB143988

Roughly $3,857/month principal and interest, assuming 20% down at 5% over 25 years — an illustration, not a quote. Run your own numbers.

Where it sits

Uptown, Saint John

Read the Uptown Saint John guide

Neighbourhood boundaries: City of Saint John open data, Open Government Licence.

Uptown Saint John
441 m
Millidgeville
5.7 km
Rothesay
13.2 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.

46 photos · tap any to view full size

Ask about this home

240 Prince William 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 Royal LePage Select Realty

Andrew’s Assistant

AI concierge · Greater Saint John

Hi! I'm Andrew's assistant. Ask me about 240 Prince William Street in Saint John, listed at $829,000: 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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