178 Queen Street

About this property

Discover the charm of Uptown Saint John living with the added benefit of income in this character-filled duplex, ideally located within walking distance of Uptowns most beloved restaurants, cafés, galleries, boutiques, and entertainment venues. Originally being a spacious single-family home, this property has been thoughtfully configured as a duplex with separate electrical meters, offering exceptional flexibility for a variety of living arrangements and investment strategies. The main-level unit currently features two bedrooms, including a bright front living room with beautiful bay windows that could easily serve as a third bedroom if desired. Original built-in china cabinets and decorative fireplace in the kitchen add warmth, character, and timeless appeal throughout the space. The upper-level unit also offers two bedrooms, highlighted by a primary bedroom complete with a large walk-in closet plus a build-in dresser. A cozy upper landing provides the perfect spot for a reading nook, home office, or creative workspace, adding to the home's unique charm. Both units are currently tenant-occupied under fixed-term leases, with tenants responsible for their own electricity and heating costs. Current rental income is $1,350 per month for the main-level unit and $1,200 per month for the upper-level unit. A rare find in Uptown Saint John, the property also boasts a private backyard and off-street parking, currently accommodating at least two vehicles with potential for additional parking. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or explore the possibility of converting the property back into a stunning single-family residence, this versatile property offers endless potential. Combining historic character, modern flexibility, and an unbeatable Uptown location, this is a unique opportunity you won't want to miss. (id:67706)

Details

Property type

Multi-family

Building type

Duplex

Ownership

Freehold

Units

2

Living area

2,700 sq ft

Lot size

4004

Year built

1877

Storeys

2

Heating

Heat Pump, Forced air

Cooling

Heat Pump

Foundation

Concrete

Exterior

Concrete, Vinyl

Flooring

Laminate, Vinyl, Wood

Appliances

Washer, Refrigerator, Stove, Dryer

Water

Municipal water

Sewer

Municipal sewage system

Annual taxes

$4,494

MLS® number

NB141870