$ 770,000

187 Germain Street, Saint John

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:1945)
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Property details for 187 Germain Street, Saint John

Type
Multi-family
Living Area
3,980 square feet
Lot Size
6189
Basement
Partially finished, Full, Walk out
Heating
Natural gas
Exterior
Brick
Ownership
Freehold
Annual Taxes
$7,561

Nearby Listings Stat

Estimated price and comparable properties near 187 Germain Street

Active Listings
112
Min Price
$4,400
Max Price
$1,739,900
Avg Price
$396,884
Days on Market
114
days
Sold Listings
42
Min Sold Price
$69,900
Max Sold Price
$1,800,000
Avg Sold Price
$473,862
Days until Sold
69
days

Neighbourhood Census Data

Saint John, New Brunswick / Nouveau-Brunswick

Population
723
Median Age
35.6
Median Income
$26,336
Dwelling Value
$259,853

Housing Tenure

Renters 93%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.5
Pop. Density: 7,749.2/km²
Avg Shelter Cost: $1,015/mo
Owners with Mortgage: 71.4%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 33.3%
English only: 80%
English and French: 19.3%
Neither: 0.7%
Median Household Income: $33,707
Median Employment Income: $29,024

Price History

Listed
June 16, 2026
by REAL Broker
Current Price
$770,000
Type
Multi-family
For Sale
187 Germain Street

Contact Agent Get in touch about 187 Germain Street, Saint John

Michelle Hardy
Michelle Hardy
REAL Broker