1 Princess Street Saint John, New Brunswick E2L 1J9
$1,150,000
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 $104,667 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 $74,746. 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. (id:61088)
Business
| Business Type | Residential |
| Business Sub Type | Residential |
Property Details
| MLS® Number | NB137590 |
| Property Type | Other |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Structure | None |
| View Type | Ocean View |
Building
| Constructed Date | 1879 |
| Cooling Type | Heat Pump |
| Exterior Finish | Brick, Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Heat Pump |
| Size Interior | 3,520 Ft2 |
| Total Finished Area | 3520 Sqft |
Land
| Access Type | Year-round Access, Public Road |
| Acreage | No |
| Size Irregular | 829 |
| Size Total | 829 Sqft |
| Size Total Text | 829 Sqft |
https://www.realtor.ca/real-estate/29630438/1-princess-street-saint-john
Contact Us
Contact us for more information
Tim Somerville
Salesperson
(506) 658-1149
timsomerville.com/
www.facebook.com/RoyalLepageTimSomerville
www.linkedin.com/in/tim-somerville-51324860?authType=name&authToken=6M7l&trk=api*a115291*s123774*
71 Paradise Row
Saint John, New Brunswick E2K 3H6
(506) 658-6440
(506) 658-1149
royallepageatlantic.com/
Brittany Cramm
Salesperson
www.timsomerville.com/
www.facebook.com/profile.php?id=100074188195817
ca.linkedin.com/in/brittany-cramm-969b39b6
www.instagram.com/brittanycramm_realtor/
71 Paradise Row
Saint John, New Brunswick E2K 3H6
(506) 658-6440
(506) 658-1149
royallepageatlantic.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 22 2026 04:00:30
New Brunswick Real Estate Board
Royal LePage Atlantic