$ 609,000

31-33 Peters Street, Saint John

This solid 6-unit multi-family property offers an excellent investment opportunity with strong rental appeal and desirable features throughout. The building consists of a well-balanced unit mix including three 1-bedroom units, two 2-bedroom units, and one bachelor apartment - all currently rented on flexible month-to-month agreements, providing both immediate income and future upside potential. Tenants pay their own heat and lights, helping to keep operating costs down, while a coin-operated laundry adds additional income. The property has seen exterior improvements with gorgeous new siding, enhancing curb appeal and long-term durability. Outside, youll find a fully fenced yard and tiered decks that are in great shape, offering functional outdoor space for tenants. A convenient garbage alley and dedicated entrance to unit 33-1 add to the practicality of the layout. The building also features a large, dry basement, ideal for storage or future development possibilities. Well-positioned for value growth, this property offers excellent income enhancement potential with optimized management and future rent alignment. A well-maintained, income-generating property with key upgrades already completed, this is a great addition to any investment portfolio. Rents are Unit 1 = $700 Unit 2 = $950 Unit 3 = $1000 Unit 4 = $674.70 Unit 5= $1025.00 Unit 6 = $1075 (id:1945)
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Property details for 31-33 Peters Street, Saint John

Type
Multi-family
Living Area
3,300 square feet
Lot Size
374
Basement
Unfinished, Full
Heating
Electric
Exterior
Vinyl, Metal
Ownership
Freehold
Annual Taxes
$4,708

Nearby Listings Stat

Estimated price and comparable properties near 31-33 Peters Street

Active Listings
104
Min Price
$10,000
Max Price
$1,739,900
Avg Price
$392,305
Days on Market
117
days
Sold Listings
45
Min Sold Price
$99,000
Max Sold Price
$1,800,000
Avg Sold Price
$469,951
Days until Sold
66
days

Neighbourhood Census Data

Saint John, New Brunswick / Nouveau-Brunswick

Population
375
Median Age
40.5
Median Income
$24,043

Housing Tenure

Renters 95%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.5
Pop. Density: 3,662.1/km²
Owners with Mortgage: 0%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 35.1%
English only: 80.3%
English and French: 18.3%
Median Household Income: $31,104
Median Employment Income: $25,664

Price History

Listed
May 5, 2026
by EXIT Realty Specialists
Current Price
$609,000
-10.3% from last change
Type
Multi-family
For Sale
Price Changes
1
Date Price Change
Current $609,000 $70,000 (-10.3%)
Jul 22, 2026 $679,000 Listed

Contact Agent Get in touch about 31-33 Peters Street, Saint John

Patricia Gallagher
EXIT Realty Specialists