Welcome to 48-50 Peters Street, an impressive 9-unit income property offering a fantastic opportunity for investors looking to expand their portfolio. Ideally situated in the heart of Saint John, this property offers a desirable mix of units: one studio apartment, four one-bedroom apartments, one one-bedroom apartment with a den, and three two-bedroom apartments. With five units fully renovated and the remaining four extensively updated, much of the hard work is already done! Major improvements include electrical, plumbing, appliances, and more, offering investors a well-improved property with excellent income potential. Each unit has its own utilities paid by the tenants, helping to minimize operating expenses. Four units feature in-unit laundry, while the remaining five have access to shared coin-operated laundry facilities, providing an additional income opportunity. Whether you're a seasoned investor or looking to grow your real estate portfolio, this 9-unit property offers an attractive combination of extensive upgrades, a diversified unit mix, and a central Saint John location. Don't miss your opportunity to own a substantial income-producing property in the heart of the city. Call your favorite REALTOR® today for full details!
For sale
C$999,950
50 Peters St #48, Saint John, NB E2L 2Z9
--beds
--baths
6,500sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$154/sqft
C$-- HOA
What's special
One studio apartmentFour one-bedroom apartmentsThree two-bedroom apartmentsFive units fully renovated
- 5 days
- 16
- 3
Zillow last checked:
Listing updated:
Listed by:
STEFAN CORMIER, Salesperson,
RE/MAX Professionals Brokerage
Source: New Brunswick Real Estate Board,MLS®#: NB151021
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- Electric
Appliances
- Included: Cooktop, Dryer, Refrigerator, Washer
Features
- Flooring: Laminate
- Basement: Full,Unfinished,Walk-Out Access
Interior area
- Total structure area: 6,500
- Total interior livable area: 6,500 sqft
Property
Parking
- Parking features: No Garage
Lot
- Size: 4,791 Square Feet
- Features: Under 0.5 Acres
Details
- Parcel number: 00015925
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete
- Roof: Membrane
Utilities & green energy
- Sewer: Municipal
- Water: Municipal
Community & HOA
Location
- Region: Saint John
Financial & listing details
- Price per square foot: C$154/sqft
- Annual tax amount: C$4,125
- Date on market: 11/9/2026
- Ownership: Freehold
- Total actual rent: 94439
- Income includes: Laundry
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: E2L
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.







