9-11 Orange St - Apartments FOR SALE


Saint John, NB E2L 1L9
$599,900 CAD
506-650-1955
9-11 Orange St, Saint John, NB for Sale
$599,900 CAD
Apartments - FOR SALE
1/26
null | Request Cap Rate

9-11 Orange St
Saint John, NB E2L 1L9


OVERVIEW

This beautiful, historic wooden two-storey Italianate building was constructed in 1879 and is known as The Thomas P. Williams Residence. It was built just 2 years after the Great Fire of 1877 which destroyed more than 2/3 of homes in the uptown peninsula. More detail on the history and significance of this property can be found at https://www.historicplaces.ca/. Simply search 9-11 Orange Street. This four unit boasts an oversized top floor apartment (11 Orange) with approximately 1,800 square feet of living space featuring 3 bedrooms, living/ family room with floor to ceiling windows and dining room. The main floor of the building (9 Orange) has a 2 bedroom apartment as well as 1 spacious 1 bedroom unit with attached deck. The fourth unit is a two bedroom and is situated on the lower level of the building. There are 4 heat pumps; Tenants pay their own utilities. This block of Orange street between Sydney and Carmarthen is one of the most charming and desirable blocks in the uptown with several important buildings and tremendous curb appeal. If you are looking for a solid investment property as a supplement to your portfolio or want to own this property as a live-in landlord, the possibilities are endless. The expenses shown are for 2024. The rent revenue shown below is for 2025 as there are rent increases coming January 1, 2025. The rent revenue for 2024 was $64,560.00 (27764468)

FOR SALE DETAILS

PRICE

$599,900 CAD

PRICE/SF

$150 CAD /SF

# OF UNITS

4

PRICE/UNIT

$149,975

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1879

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,005 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Paul BustinRoyal LePage AtlanticMore Info
506-650-1955

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Paul BustinRoyal LePage AtlanticMore Info
506-650-1955

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.