Multi-family$539,000
1126-1138 Rothesay Road
Saint John, New Brunswick
5,000 square feet
Listed by Century 21 All Seasons Realty
$529,900
Roughly $2,466 a month with 20% down at 5% over 25 years, before property tax, insurance and heat. Add up the monthly cost ›
272-274 Tower Street
Saint John, New Brunswick
3,600 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 Judy Mitchell, RE/MAX Professionals
Here's an opportunity to get into multifamily real estate with five occupied units, off street parking, separate coin operated laundry, and an additional vacant lot included in the sale. Located on Saint John's West Side, this property is priced at $529,900, working out to just over $100K per unit, while the combined parcels offer an impressive 9,988.91 sq ft of land. The building features three 2 bedroom units and two 1 bedroom units, with all five currently occupied and generating a combined $5,725.75 in monthly rental income, or approximately $68,709 annually. Current rents range from $925 to $1400 per month, offering an investor an established income stream from day one. For the seasoned investor, this is a straightforward addition to a portfolio. For the first time investor, it offers a manageable way to step into multifamily ownership with multiple income streams under one roof. And then there's the land. The neighbouring vacant lot is included, giving the next owner nearly 10,000 sq ft across the combined property and opening the door to future possibilities, subject to the necessary approvals. Five units. Five income streams. Nearly 10,000 sq ft of land. One compelling opportunity to build your investment portfolio. (id:66617)
The details
- Property type
- Multi-family
- Living area
- 3,600 square feet
- Lot size
- 9,988.91 square feet
- Stories
- 2
- Heating
- Oil
- Flooring
- Laminate, Vinyl, Wood
- MLS® number
- NB146431
Roughly $2,466/month principal and interest, assuming 20% down at 5% over 25 years — an illustration, not a quote. Run your own numbers.
Where it sits
Lower West Side, Saint John
Every home for sale in Lower West SideRead the West Saint John guideNeighbourhood boundaries: City of Saint John open data, Open Government Licence.
- Uptown Saint John
- 1.9 km
- Millidgeville
- 6.6 km
- Rothesay
- 15 km
Regional Hospital 5.3 km UNB Saint John 5.8 km Airport 16 km
Straight-line distances from the coordinates the feed supplies.
Around this home
- Schools
- Seaside Park Elementary School890 m · grades K-5 · English, French Immersion
- Beaconsfield Middle School600 m · grades 6-8 · English, French Immersion
- Harbour View High School1.5 km · grades 9-12 · English, French Immersion · Grade 9 entry by preference, not by zone
- Centre scolaire Samuel-de-Champlain5.5 km · grades K-12 · French
- Which school does this address attend? Anglophone South
- Which school does this address attend? District scolaire francophone Sud
Catchments are set by the district. Confirm a home's school with Anglophone South (asdsbp.nbed.nb.ca/Eligibility) or District scolaire francophone Sud (dsfsbp.nbed.nb.ca/Eligibility).
- Transit
- 269 St. John West140 m · route 15
- St. John St. & Lancaster St.150 m · route 15
- St.John St. & Watson St.220 m · route 15
Straight-line distances. Service days are from Saint John Transit's published schedule; holiday hours differ.
- Sold nearby
- 65 homes changed hands within 1 kmtransfers registered 23 October 2025 to 29 September 2026
- Median price $270,000middle half $212,000 to $335,000
- Median 7% above assessed valuemiddle half 0% to 29% above
The province's recorded transfers, not MLS sales; a parcel counts once, at its latest transfer, and the figures are for the area, not this home.
On the map
Loading map…
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.
27 photos · tap any to view full size
Ask about this home
272-274 Tower 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 Judy Mitchell, RE/MAX Professionals
Andrew’s Assistant
AI concierge · Greater Saint John
Hi! I'm Andrew's assistant. Ask me about 272-274 Tower Street in Saint John, listed at $529,900: 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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