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Rolande Thibodeau

rolandethib@gmail.com +1(506) 851-9659

$ 1,100,000

Est. payment -/mo

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Price Dropped by $50K

1 Princess Street Saint John, NB E2L1J9

1 Bed

5 Baths

3,520 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3520

Square Footage 3,520 sqft

Price per Sqft $312

MLS® Listing ID NB137572

Style 4 Level

Bedrooms 1

Half Baths 2

Year Built 1879

Lot Size 829 Sqft

Acres 829.0

Property Sub-Type Freehold

Property Description

Welcome to 1 Princess Streetan iconic heritage property established in 1879 and widely recognized as the historic Thomas Furlong Building. Ideally located in the heart of uptown, this exceptional mixed-use property offers both commercial and residential space, all within steps of the Harbour Passage and showcasing views of the Bay of Fundy. The primary residence is a beautifully appointed two-storey unit featuring a spacious, well-designed kitchen, one-and-a-half bathrooms, a whirlpool tub, and in-unit laundry. Thoughtfully finished throughout, this unit offers both comfort and character, making it a standout living space. Total rental income can be higher (dependant on how much the owner resides in any of the units). Approx. total income $107,907 Approx. expenses: Taxes $13,781, insurance $4,800, garbage $240, Other $360, electricity $7,920, water/sewer $420, and maintenance $2,400. Approx. total expenses $29,921. Approx. net income $77,986. In addition to the main unit, the property includes two fully furnished residential flats and a lower-level commercial space, creating a versatile and income-generating opportunity. Currently operating as a turnkey Airbnb, this property is perfectly positioned directly across from Area 506 and the ongoing Fundy Quay transformationplacing it at the center of one of the citys most exciting and rapidly evolving areas. Each unit highlights quality craftsmanship and timeless charm, while the common areas feature beautiful built-in cabinetry. With exceptional curb appeal and evident pride of ownership throughout, this landmark property has been meticulously maintained. An opportunity to own one of the citys most recognizable heritage properties, offering strong income potential and unmatched characterthis is an investment that truly stands apart. (Note: Ground Floor recently rented out for $2,800 annual lease) (id:24570)

Location

Province NB

Rooms

Kitchen 3.0

Extra Room 1 Second level 7'8'' x 5'3'' Kitchen

Extra Room 2 Second level 22'3'' x 21'9'' Great room

Extra Room 3 Second level 5'10'' x 5'0'' Bath (# pieces 1-6)

Extra Room 4 Third level 19'10'' x 11'3'' Kitchen

Extra Room 5 Third level 5'9'' x 5'6'' Bedroom

Extra Room 6 Third level 17'2'' x 10'9'' Living room

Interior

Heating Baseboard heaters, Heat Pump,

Cooling Heat Pump

Flooring Ceramic, Hardwood

Exterior

Parking Features No

View Y/N Yes

View Ocean view

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system

Architectural Style 4 Level

Others

Ownership Freehold

Listed by Royal LePage Atlantic

Rolande Thibodeau

Agent

+1(506) 851-9659

Rolande Thibodeau

1 Princess Street Saint John, NB E2L1J9

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1 Princess Street