Located in the heart of Uptown Saint John, 187 Germain Street offers investors the opportunity to own a well-established five-unit apartment building in one of the city's strongest rental markets. Surrounded by restaurants, cafés, the waterfront, entertainment, and major employers, this highly walkable location continues to attract tenants seeking an urban lifestyle with everyday conveniences just steps from their door. The property features five self-contained units, common laundry facilities, off-street parking, and private outdoor space for select units. Unit styles vary throughout the building, offering a mix of updated spaces alongside more traditional layouts, creating broad appeal for a diverse tenant base and supporting long-term occupancy. Large windows, generous room sizes, and unique architectural elements help set the property apart from typical apartment offerings, while the location remains a key driver of tenant demand. Residents enjoy the ability to walk to work, local events, restaurants, and the waterfront, making this a lifestyle-focused rental property in one of Saint John's most desirable neighbourhoods. With stable rental income, desirable tenant amenities, and a proven Uptown location, 187 Germain Street represents an excellent opportunity for investors looking to add a quality multi-family asset to their portfolio. (id:4069)
Address
187 Germain Street
List Price
$770,000
Property Type
Multi-family
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Saint John
Floor Area
3,980 Sq. Ft.
Lot Size
6189 Sq. Ft.
MLS® Number
NB142022
Listing Brokerage
Real Broker
Basement Area
Full (Partially finished)
Postal Code
E2L2G1
Ownership
Freehold
Appliances
Refrigerator, Stove, Washer, Dryer
Heat Source
Natural gas
Foundation Details
Stone
Water Source
Municipal water
Sewer
Municipal sewage system
